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Johnny Ronan says NAMA “destroyed” his business

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Carrick on Suir native Johnny Ronan says the agency was “hell bent” on taking down his company Treasury Holdings – and that if it had agreed to provide funding for a landmark project in London, his company would have been able to repay all its debts.

In written evidence to the Banking Inquiry  he also complained that as the world's biggest real estate agency, NAMA should have been run by people with experience in the field – and run by civil servants.

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He said this was like asking “a butcher to perform heart surgery”.

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