Nama has secured a discovery order against Gayle Killilea in a court in the US compelling her to hand over details of any properties or money transferred to her from her husband Sean Dunne since 2008, but not as far back as 2004, as the State loans agency had sought.
Nama, which is owed €185 million by Mr Dunne, sued the couple in the Superior Court of Connecticut last year claiming that he fraudulently transferred a half-share in an apartment in Geneva, Switzerland, more than three years ago and that she has used his money to develop properties in Greenwich, Connecticut.
The couple are contesting Nama’s claims on the basis that Mr Dunne gave Ms Killilea more than €10 million since 2005 when their first child was born while he was still financially solvent. They have argued that Nama has no jurisdiction to contest the Geneva property transfer in the US courts.
Documents
Judge Barbara Brazzel-Massaro granted Nama discovery of a wide range of documents dating back to 2008 earlier this week. These documents include information concerning all sources of Ms Killilea’s income, details of her assets and any loans, details of her role in a number of companies in Connecticut as well as her US immigration documentation.
The judge would not allow Nama’s request that Ms Killilea produce any documents concerning Mr Dunne.
:quality(70)/s3.amazonaws.com/arc-authors/irishtimes/2f17d73d-927c-4607-b082-c5959ede1efa.png)
:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/6BDEAESQEJH4BHNFRSVZH3W4TM.png)