Sign up to The Irish Times Archive (1859 - 2008)My Account »
Tue 09 Sep 2009Overpaying for Nama may hit taxpayer for €30bn
ANALYSIS:Government estimates of Nama valuations appear implausible, are out of line with other property collapses and may impose massive losses on the taxpayer
WHAT HAS been dismaying about the recent acrimonious exchanges over Nama is that neither side seems to feel it necessary to produce any evidence to support its assertions about its likely cost to the taxpayer. Like most discussions in Irish public life, the Nama debate seems set to generate more heat than light.
Choose a Subscription type - required
