The NTMA kept its head when others were losing theirs

The NTMA kept its head when others were losing theirs

Politicians and institutions blundered, but one agency’s reputation pulled the country through

The Banking Inquiry has served to highlight the most yawning, appalling flaws of most of the institutions of the state. With one notable exception. The reputation of the National Treasury Management Agency (NTMA) has emerged from the crash enhanced.

The NTMA has no skin in the game about pushing particular narratives. Their actions before and after the crash have made them one of the most reputable witnesses before the Inquiry. They are armed with nothing...

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