Sunday August 9, 2020

Former top Finance official defends Nama’s Project Eagle sale

Nama right to sell off risky ‘foreign assets’, says John Moran

25th September, 2016
John Moran was secretary general of the Department of Finance during the Project Eagle sale Tony OShea

The former top civil servant in the Department of Finance has defended Nama’s controversial sale of its Project Eagle loan portfolio, insisting the agency was right to exit Northern Ireland.

John Moran, who was secretary general of the Department of Finance when the €1.6 billion sale went through, said it did not raise any concerns in the department at the time.

Moran told The Sunday Business Post that the state’s “scarce resources would...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

In Kildare, many are grateful that the lockdown isn’t a return to square one, but there is anger that actions weren’t taken to prevent it in the first place

Barry J Whyte | 15 hours ago

Conservation group calls for effective regulation as multinationals increase use of on-site gas plants to generate electricity

Killian Woods | 2 weeks ago

As the online debate on trans issues remains heated, those affected by them in the real world are calling for more support, space and understanding. But are their voices being heard?

Colin Murphy | 1 month ago