Unanswered questions around Nama and Project Eagle deal
Findings of Northern Ireland Finance Committee suggest a minimalist approach to public accountability by those involved in sale
The report of the Northern Ireland Finance Committee reveals both how little we know about Project Eagle – the package of Northern Ireland property loans sold by the National Asset Management Agency (Nama) – and how much we still need to find out.
The Stormont committee, which spent eight months examining the £1.24 billion (€1.59 billion) sale to Cerberus, a US company, has raised in its report many concerns about the transaction but has reached few conclusions.