US court allows NAMA questioning in Sean Dunne caseWednesday 15 May 2013 18.34
A US court has given permission for a representative from the National Asset Management Agency to be questioned about the affairs of Irish developer Sean Dunne.
A trustee of the bankruptcy estate of Mr Dunne had asked a judge in Connecticut to allow him to question NAMA as the agency had “information relevant to the assets of the debtor and/or transfers made by the debtor.”
The judge found there was good cause to approve the request and said they examine a NAMA representative on 28 May, or at another date agreed by the relevant parties.
Sean Dunne filed for bankruptcy in the US in March, with a statement earlier this month showing that he owes €718m to creditors including Ulster Bank and NAMA.