Report: Noonan acted inappropriately - Nama sale flawed

Dossier prepared for TDs investigating the sale of Project Eagle

12th February, 2017

Michael Noonan, the Department of Finance and Nama have all been heavily criticised in a damning secret report prepared for TDs investigating the sale of Project Eagle.

Nama’s controversial €1.6 billion sale of its Northern Ireland loan book three years ago is the subject of a number of damaging conclusions in a draft working paper to be discussed by TDs on the Public Accounts Committee (PAC).

It ultimately concludes that Nama’s sales strategy...

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