Document – Flynn's court action against NAMA in New York

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Above is the house at the address (300 Ridgeview Drive, Palm Beach, Florida 33480) given by developer John Flynn as part of his case against the National Asset Management Agency (NAMA), in court documents filed on December 20. NamaWineLake and Paul Williams at the Indo have both mentioned the filing.

The judge in the case is Lewis Kaplan who was previously a judge in high profile Guantanamo and Gambino family cases.

Obviously NAMA and its staff have denied (or will deny) the allegations made, and members of NAMA’s board (including some of the people named in the complaint) made a vociferous defence of the Agency at a Public Accounts Committee hearing the same the day the complaint was filed in New York. No documents have yet been filed by NAMA in relation to this case, but I will post them once they are available.

At the PAC hearing the head of NAMA Brendan McDonagh said there is a:

“carefully orchestrated operation . . . to damage Nama”. “It’s designed to damage Nama and undermine its credibility with taxpayers of this country.”

The full document is below:



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