In his opening statement, William Soffe told the committee the board stood over the sale, the sales process, the price achieved and also rejected any suggestion that the agency’s Northern Ireland advisory member Frank Cushnahan had any specific knowledge or bore any influence.

Political sensitivities in Stormont over a southern State agency controlling assets in its jurisdiction may have been a factor in Nama’s Project Eagle(...)

A report by C&AG says sale of the loans known as Project Eagle to US company Cerberus could have cost the taxpayer €220m. Photographs: The Irish Times/Getty Images

Nama chairman Frank Daly may face further questions after a witness at a Dáil committee looking into the agency’s €1.6 billion sale of its Northern Ir(...)

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 Finance Michael Noonan fielded questions about the sale of Project Eagle to Cerberus in the Public Accounts Committee. Photograph: Dara Mac Dónaill

The losing bidder for Nama’s Northern Ireland loans may be considering legal action over the €1.6 billion deal, the Dáil’s Public Accounts Committee ((...)

Project Eagle comprises 500 loans secured on properties in Northern Ireland, the Republic and Britain which Nama sold to US company Cerberus in April 2014. Photographs: The Irish Times/Getty Images

Minister for Finance Michael Noonan knew that former National Asset Management Agency adviser Frank Cushnahan was advising one of the US companies bid(...)

Comptroller and Auditor General  Séamus McCarthy’s report highlighted the fact that potential bidders were put off by the restricted information that Nama provided on the loans

Comptroller and Auditor General (C&AG) Séamus McCarthy’s concerns about Nama’s sale of its Northern loans to Cerberus in 2014 for £1.3 billion run(...)

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(...)

Nama chairman Frank Daly: “Our judgement then, and one that we stand over, was that the interests of Irish taxpayers took precedence.” Photograph: Alan Betson

The National Asset Management Agency (Nama) has claimed halting the sale of Project Eagle would have had serious costs and consequences for the Irish (...)

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