Sunday 17 December 2017

Developer Noel Smyth quits as director at 13 companies

Nick Webb

Nick Webb

Property developer Noel Smyth, who handed over his art collection to Nama last month, has stepped down as a director from a number of his firms over the last month.

New filings show that Mr Smyth -- who was Ben Dunne's solicitor during the period which ultimately saw the downfall of CJ Haughey -- terminated his directorship with at least 13 companies that had been used for his property development empire.

These include Therese Properties, Arkbay and Richelle.

Mr Smyth is locked in a legal battle with lenders to keep control of more than €210m worth of UK properties and assets. His major Irish asset is the Square shopping centre in Tallaght, Dublin.

Sunday Indo Business

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