Tuesday February 18, 2020

C&AG completes report on sale of €352m Nama loan book linked to Quinlan

Minister for Finance Paschal Donohoe must present findings within three months of receiving study

12th January, 2020
Derek Quinlan, the prolific boom-era property player. Picture: Maura Hickey

The Comptroller and Auditor General has completed his investigation into the sale of the €352 million Nama loan book linked to financier Derek Quinlan.

Minister for Finance Paschal Donohoe now has the examination of Nama’s management and disposal of the Project Nantes loans on his desk, sent to him by C&AG Seamus McCarthy on December 23 last.

Legally, the minister is required to present its findings to the Dáil within three months...

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