Sunday July 5, 2020

End of the affair

Nama is getting ready to exit the Irish financial stage, but there are still a number of hazards that could ruin its final act, writes Philip Connolly.

26th October, 2014
The Treasury Building.

Nama, the state’s toxic debt agency, has entered its final act. But while the agency’s management team is putting its endgame in place, the organisation is haemorrhaging staff and dealing with unrest among its weary debtors.

Nama has set itself a lofty goal of delivering a profit of €500 million to the state when it is finally wound down in late 2017 or early 2018.

In front of an Oireachtas finance committee last...

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