Pimco agrees to take part in inquiry into Nama sale

Pimco agrees to take part in inquiry into Nama sale

Fund has indicated to the Public Accounts Committee that it will present a written submission or attend a public hearing

Pimco, the multibillion-dollar investment firm at the heart of Nama’s controversial sale of its Northern loans, has agreed to take part in the state’s probe of the deal.

The US investment fund has indicated to the Public Accounts Committee that it will present a written submission or attend a public hearing in the coming weeks.

PAC chair Seán Fleming said it would be preferable if they attended a hearing but it was welcome...

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