Nama boss: pulling Project Eagle sale ‘a far worse option’

Nama boss: pulling Project Eagle sale ‘a far worse option’
Head of NAMA Brendan McDonagh

Brendan McDonagh said no one had identified any higher bid for Project Eagle

The head of the National Asset Management Agency (Nama) has said pulling the sale of its Northern Ireland loan book would have had unprecedented consequences for the state’s reputation and would not have achieved a better price.

Writing in today’s Sunday Business Post, Brendan McDonagh said no one had identified where a higher bid for Project Eagle could possibly have come from.

“Had we collapsed the sale, it would have been extremely difficult...

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