Thursday February 20, 2020

Nama under fire from British MPs due to money allegedly owed

Agency denies responsibility as Leeds constituents cry foul over failed investment

10th April, 2016
NAMA headquarters and inset Mary Creagh, a Labour MP for Wakefield

Nama has been accused by British MPs of failing to release money owed to their constituents.

The charge is revealed in private correspondence between Nama and two British MPs, who wrote to the state’s bad bank asking it to return money that their constituents had lost in property investments.

In one letter from Greg Mulholland, a Liberal Democrat MP for Leeds North West, the British politician writes that a company, whose name is...

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