Tuesday June 2, 2020

Final report on Nama’s Northern loan book controversy due in June

Previous reports have found that the state may have lost out on €220 million on the sale of loans to US firm Cerebus

Ian Guider

Markets Editor

@ianguider
5th April, 2020
Solicitors for Nama wrote to the commission, chaired by Judge John Cooke, last summer seeking details of the interviews and materials of the expert witnesses

The final report of the commission of investigation into the controversial sale of Nama’s €5.6 billion Northern Ireland loan book is likely to be published in June.

The Cooke Commission is proposing to send its draft report to the more than 60 interested parties into the 2014 sale of Project Eagle after receiving further submissions from Nama in recent weeks.

The commission said that it will be circulating its draft findings for parties to review...

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