Mr Mccarthy

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Cork Airport managing director Niall McCarthy said they had been in contact with Norwegian Air this week.

Management at Cork Airport remains hopeful that the US authorities will grant a licence for low-cost carrier Norwegian Air to operate a new service be(...)

Nama has insisted Frank Cushnahan never received commercially sensitive or confidential information while he was a member of the agency’s Northern Ireland Advisory Committee. Photograph: Press Eye

Frank Cushnahan, the former Nama advisor at the centre of the row over the agency’s €1.6 billion sale of its Project Eagle loans to US company Cerberu(...)

Within the Project Eagle portfolio the top 55 properties accounted for £900m. Illustration: The Irish Times/Getty Images

Nama blocked potential bidders for its Northern Ireland loans from hiring local agencies to value the properties against which the debts were secured(...)

Minister for Expenditure Paschal Donohoe and Minister for Finance Michael Noonan. Mr Noonan had previously signalled that Brexit was likely to cause a 0.5% drag on Irish GDP this year

The Department of Finance has downgraded it growth projections for the Irish economy again to accommodate the risk associated with Brexit and a more (...)

Seamus McCarthy told the Public Accounts Committee his office has never been under the level of attack similar to that by Nama

The Comptroller and Auditor General (C&AG) has said he cannot be absolute on the loss of money on the sale of Project Eagle. Séamus McCarthy said(...)

We have been so excited about the prospect of the clash between the C&AG and Nama today that we almost invited Jim McGuinness and Dara Ó Sé to wri(...)

Economist Ronan Lyons: the current supply shortage was primarily a function of high construction costs

Plans to help first-time buyers in the budget are likely to increase house prices without making it easier for those struggling to get on the property(...)

Chairman of Nama Frank Daly (left) and Minister for Finance Michael Noonan. In a letter to Mr Noonan, Mr Daly said department officials expressed surprise about the C&AG’s lack of knowledge of the loan sales.  Photograph: Eric Luke

The Department of Finance raised concerns about a lack of expertise in the office of the Comptroller and Auditor General (C&AG) Séamus McCarthy a(...)

Former head of asset recovery at Nama Ronnie Hanna (left), Nama’s chief executive  Brendan McDonagh (middle) and Nama chairman Frank Daly (right). Photograph: Brenda Fitzsimons

Nama executive Ronnie Hanna played a key role in forcing US company Pimco out of the Project Eagle bidding race – after details of a £15 million “suc(...)

Comptroller and Auditor General Séamus McCarthy: Critical of  Nama’s sale of the Project Eagle loans to Cerberus. Photograph: Frank Miller

Nama had already decided to sell its Northern Ireland loans to US company Cerberus before it learned of a potential conflict of interest involving th(...)

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