Friday April 3, 2020

50 questions for Nama on Project Eagle

Nama’s top executives will be on the witness list when the Oireachtas Public Accounts Committee begins hearings on Project Eagle this week. What might we all learn?

25th September, 2016
Brendan McDonagh, Nama chief executive, and Frank Daly, chairman of the so-called bad bank Pic: Maura Hickey

It has attracted the sustained attention of the British National Crime Agency, the Securities and Exchange Commission, the Federal Bureau of Investigation and a host of investigators and parliamentary committees in between.

Now, a commission of investigation is set to be established into Project Eagle, the controversial sale of €1.6 billion of Nama loans in the North. The move follows a damning report by the Comptroller & Auditor General, a report roundly rejected by Nama....

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