Nama raises lifetime profit forecast to €1.75 billion from €1 billion

The National Asset Management Agency has raised its lifetime profit forecast to €1.75 billion from €1 billion as it rejected allegations about the sale of its Project Eagle loan portfolio

30th September, 2015

The National Asset Management Agency has raised its lifetime profit forecast to €1.75 billion from €1 billion as it rejected allegations about the sale of its Project Eagle Northern Ireland loan portfolio.

Nama chairman Frank Daly told the Public Accounts Committee (PAC) that allegations made under Dail privilege by Mick Wallace were “a serious misrepresentation of the facts” and it was “utterly disingenuous” to suggest the agency could have sold the portfolio for 50 per...

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