Monday January 20, 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...

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