BBC News - County Down property company owes bank £40m
A County Down property company which collapsed in October owes a bank more than £40m, a report has shown.
Network Trading Group Ltd, which was based at Bridge Street in Banbridge, owned properties in Portadown, Larne, Lisburn, Dunmurry, Belfast and Culcavy.
Using the properties as security, the firm had borrowed £42.5m from Bank of Scotland (Ireland).
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