Alternative lender Lotus Investment Group has appointed a receiver to a property company founded by Greg Kavanagh. Kavanagh told The Currency that it no longer made “commercial sense” for his business to proceed with the project and that it had tried to get planning permission to develop residential units on the site in Killiney, south county Dublin for six years.  Receiver Aiden Murphy, an accountant with Crowe, was appointed by Emerald Sky 2 DAC, a subsidiary of Lotus, to the company which owns this site called Conskig Ltd on July 20, 2023. “We have over the past two years repaid…

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