The Project Eagle saga: seven key questions
The sale of Nama’s Northern loan book has prompted many questions. Below are some of the most important
1. What are the ‘agreements’ that potential bidders feared?
When discussing the sale process for Project Eagle, the Comptroller & Auditor General reprints a series of communications between Nama and prospective bidders, as well as between Lazard, Nama’s advisers, and potential bidders.
In one email between a fund and Lazard, the unnamed fund flags three issues which arose for it after 20 members of its investment teams had been “working tirelessly with several ...
