Why it’s all about the money trail
As the rumour mill swirls around the controversial Cerberus deal in the North, the question is: what is really going on?
Brendan McDonagh and Frank Daly, the chief executive and chairman of the National Asset Management Agency (Nama), found themselves again under fire last week, criticised for failing to spot an alleged side deal with various individuals in Northern Ireland. Is it reasonable to expect them to have done so?
Nama first became aware of the possibility of such a deal in March 2014, during the sale process of its entire Northern Ireland property ...
