Friday June 5, 2020

Comment: ‘Nama for the people’ is not good for the people

Proponents of a so-called ‘Nama for the people’ received a major setback last week when Minister for Justice Dermot Ahern ruled out the prospect of legislation to force lenders to forgive certain debts.

22nd May, 2010

Proponents of a so-called ‘Nama for the people’ received a major setback last week when Minister for Justice Dermot Ahern ruled out the prospect of legislation to force lenders to forgive certain debts.

Ahern opted not to sugar-coat the news, which will have come as a disappointment to some borrowers, who held out the faint hope of a scheme that would let them off the hook for signing up to loans that they...

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