GALWAY MAN AMONG TOP DEVELOPERS TO BE MOVED TO NAMA

Date Published: 18-Feb-2010

A prominent Galway businessman is among the top borrowers whose loans will be moved to NAMA in the coming weeks.

Gerry Barrett, owner of the G Hotel in the city and Ashford castle in Mayo, is one of ten developers named in the Irish Times today.

More than €16 billion in loans linked to ten developers are being moved to the National Asset Management agency.