Nama must accept real accountability

The state’s toxic loans agency does not accept criticism well – like an errant schoolchild

The report by the Dáil’s Public Accounts Committee into Nama’s sale of the Project Eagle loans in 2014 was published last week.

The report is highly damaging to Nama, finding that the sale of the agency’s Northern loan portfolio was “marked by inadequate record keeping, weaknesses in relation to the management of conflicts of interest, a seriously deficient sales process and, ultimately, an inability by Nama to demonstrate that it had obtained best ...