Brendan Mcdonagh

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Minister for Finance Michael Noonan said Nama can play a “big part in restoring the development and construction sectors in the country” and praised the agency’s financial performance. Photograph: Eric Luke

  The board of the National Asset Management Agency is considering setting up an incentive scheme for employees to stem the haemorrhage(...)

The Minister for Finance Michael Noonan, with Frank Daly, Chairman, and Brendan McDonagh, Chief Executive, at the publication of the National Asset Management Agency Annual Report and Financial Statements for 2012, in Dublin on Thursday. Photograph: Eric Luke

If Frank Daly and Brendan McDonagh woke up this morning with a slight ache in their shoulders it’s probably because of the amount of back-slapping yes(...)

Nama chief executive Brendan McDonagh said 2012 was another year of ‘substantial progress’ for the agency, as it posted profits of €228  million. Photograph: Eric Luke/The Irish Times

The National Asset Management Agency (Nama) made a profit after impairments, tax and dividends of €228 million in 2012. This compares with a surplu(...)

Goods out: a container ship loading in Dublin Port. Photograph: Jason Hawkes/Stone/Getty

A month before the bailout, on October 27th, 2010, a strategy to help bring about an “export-led recovery” in the ailing economy was revealed b(...)

The loans totalling €810 million were originally acquired by Nama from four Irish institutions, including Bank of Ireland, Anglo Irish Bank and AIB. Photograph: Cyril Byrne

The National Asset Management Agency yesterday confirmed the sale of an €810 million portfolio of loans related to Irish prope(...)

Limerick District Court heard gardaí found a total of 10 bags of cocaine with an estimated street value of ¤603 when they searched a man’s home. Photograph: Getty Images

A man arrested after three bags of cocaine were found hidden in a chocolate Kinder egg has appeared in court in Limerick. Andrew Colbert(...)

Nama chief executive Brendan McDonagh said the agency had retained performing assets. Photograph: Frank Miller/The Irish Times

The National Asset Management Agency ’s income of €1.2 billion a year in rents proves that it has not sold off the most valuab(...)

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