Wednesday 13 December 2017

McNamara's tangled web of liabilities and assets

The exclusive Urbanizacion Ancon Playa where the McNamaras have a
2,900 sq ft villa.
The exclusive Urbanizacion Ancon Playa where the McNamaras have a 2,900 sq ft villa.

Two months after a €62.5m judgment was secured against the developer, the review of his assets has gone global, writes Ronald Quinlan in Dublin and Gerard Couzens in Marbella

'Everything I have had since I was a young fella is being put on the line. I'm not running anywhere. I'll stand here and face whatever music there is."

So said Bernard McNamara last January when a group of Davy investors secured a record personal judgment for €62.5m against him.

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