Thursday June 4, 2020

Revealed: The urgent Project Eagle emails trail

Nama executives and failed Project Eagle bidder in last-minute email exchanges

30th October, 2016
Brendan McDonagh: the chief executive of Nama received an ‘urgent’ email Picture: Collins

New documents have revealed a series of urgent emails exchanged between Nama and a Project Eagle bidder days before the sale was closed.

The emails, between a senior executive of Fortress Investment and Nama chief executive Brendan McDonagh, occurred two weeks after the American fund Pimco left the race for Project Eagle following the emergence of a conflict of interest.

In the first email, the subject of which is “NI URGENT”, Fortress managing director Michael...

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