Nama’s lost profits: Taxpayers miss out on €18bn windfall
Report for developer claims vulture funds ‘making a killing’; Investors made €317m profit in 11 quick-flip property deals
A damning new report into Nama has found that the state’s toxic loan agency would have secured an additional €18 billion for the taxpayer if it had held and managed its assets, as opposed to its strategy of large-scale disposals.
The report also reveals how overseas funds have made spectacular returns “flipping” Irish property acquired from Nama – with funds making average returns of 47 per cent on just 11 deals, yielding a...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Maxwell trial reveals the dark side of the American dream
America is transfixed by the ‘trial of the century’, as the details revealed by those accusing Ghislaine Maxwell of sex trafficking and exploitation offer a rare insight into the secretive inner world populated by the upper echelons of American society
Deirdre Heenan: Trade boost shows why unionists need to get pragmatic on the protocol
With the economy in the North outperforming that of England, Scotland and Wales, the DUP, which sees itself as the party of business, is going to have to perform a volte-face on the protocol or face a wipeout at the polls
Nphet’s mission creep has become a dystopian challenge to elected government
Nphet, the advisory body on the pandemic which has a history of making bad recommendations on mask wearing, antigen tests, air filtration in schools and the booster rollout, has begun promulgating its views in the media before presenting its advice to the government
‘Solidarity levy’ could be one of many new costs of a united Ireland
We need more information on the opportunities and challenges that a 32-county regime would bring for businesses as well as individuals