Thursday, December 10, 2009

AIB's developers

I've previously posted here about Declan Maher, AIB's branch manager in Clifden, who also ran a side-business in developing land in Florida.

Maher's side-job is small potatoes compared to John Hughes and Tommy Hopkins. We published a piece about their development interests a few weeks ago. It will be interesting to see if the regulator takes any action over this.

It seems bizarre that two bank managers in charge of lending to developers can themselves be running large development companies.

Colm Kenna has also written about these guys and their extensive property portfolio.

If anyone out there has had business dealings with the two AIB developers I'd be interested to hear about it.

On a side-note I've been a bit tardy putting stuff up here but hope to get more regular at posting stuff up from now on.

Thanks to everyone who has provided feedback and tips on stories.

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