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Martin McGuinness has appeared before the PAC

McGuinness 'surprised' over Project Eagle info

Northern Ireland Deputy First Minister Martin McGuinness has expressed surprise over the information that has emerged since NAMA's sale of its Northern Irish property loans portfolio.

News • 16 Nov 16

NAMA had a profit after tax of €647m in the first half of the year

NAMA has redeemed 88% of its senior bonds

The National Asset Management Agency says it had redeemed 88% of its senior bonds by the end of September.

Business • 02 Nov 16

NAMA board members Oliver Ellingham (L), Willie Soffe and Brian McEnery appearing at the Public Accounts Committee

NAMA Project Eagle deal was the 'best strategy'

NAMA board members have appeared before the Dáil Public Accounts Committee to answer questions regarding the controversial sale of NAMA's Northern Irish property-loans portfolio.

News • 18 Oct 16

A report has found the Project Eagle sales incurred a potential loss to the taxpayer of £190m

No evidence halting sale in 'taxpayers' interest'

There was no evidence that halting the sale of the controversial Project Eagle portfolio of loans in Northern Ireland would have been in the best interest of the taxpayer, according to Minister for Finance Michael Noonan.

News • 06 Oct 16

Taoiseach Enda Kenny and the Opposition have agreed on the Commission of Investigation

Parties agree on investigation into NAMA NI sale

The Taoiseach and the Opposition have agreed to set up a Commission of Investigation into the National Asset Management Agency's sale of its Northern Irish loans.

News • 04 Oct 16

NAMA CEO Brendan McDonagh said the agency is on course to deliver a surplus of at least €2.3 billion

NAMA redeems €1 billion more in senior debt

The National AThe National Asset Management Agency said it had redeemed a further €1 billion of senior debt today. sset Management Agency said it had redeemed a further €1 billion of senior debt today.

Business • 30 Sep 16

NAMA CEO Brendan McDonagh rejected the stance taken by the C&AG Seamus McCarthy

NAMA chiefs reject C&AG's claims over NI sale

NAMA’s chief executive and chairman have both emphatically rejected the finding of the Comptroller and Auditor General that the sale of NAMA's Northern Irish loans resulted in a probable loss of £190m.

News • 29 Sep 16

Stormont's Finance Minister Mairtin O Muilleoir

US investors felt 'something rotten' in NAMA sale

US business figures believe there was "something rotten" in the controversial sale of NAMA's assets in Northern Ireland, Stormont's Finance Minister has claimed

News • 27 Sep 16

Martin McGuinness said he would like to see anyone invited attend

McGuinness to attend PAC hearing on Project Eagle

Northern Ireland Deputy First Minister Martin McGuinness has told RTÉ he will accept an invitation to attend a Public Accounts Committee inquiry into NAMA's controversial Project Eagle sale of property in Northern Ireland two years ago.

News • 22 Sep 16

Minister for Finance Michael Noonan has accepted a request to appear before the Public Accounts Committee

Noonan agrees to appear before PAC

Minister for Finance Michael Noonan has agreed to attend the Public Accounts Committee to answer questions about the National Asset Management Agency's controversial Project Eagle sale of property in Northern Ireland.

News • 20 Sep 16

In June NAMA said it may beat its €2.3 billion surplus forecast if growth held up, without providing more details

NAMA set to make €3 billion profit - Bloomberg

NAMA, which took over billions of euro of bad bank loans following the financial crisis, will probably make a lifetime profit of about €3 billion, according to Bloomberg – which cites an unnamed source.

Business • 21 Sep 16

Michael Noonan has been asked to PAC to answer questions over Project Eagle

Noonan to review PAC invitation over NAMA

Minister for Finance Michael Noonan will review his invitation to the Public Accounts Committee and will make a decision thereafter, according to a spokesperson.

News • 19 Sep 16

Brian McEnery said NAMA was on track to make a profit for the State of around €2.5bn

NAMA audit chairman criticises C&AG

The Chairman of NAMA's audit committee has strongly criticised the Comptroller and Auditor General following the publication this week of his report into the sale of property in Northern Ireland, known as Project Eagle.

News • 20 Sep 17

Yesterday the Cabinet agreed that there needs to be further investigation of the sale

Agreement reached over NAMA statutory inquiry

An agreement has been reached between the Government and Opposition parties that there should be a statutory investigation into NAMA arising from the Comptroller & Auditor General's report.

News • 16 Sep 16

NAMA boss on Project Eagle

NAMA chairman Frank Daly defends the agency's Project Eagle sale

NAMA • 22 Sep 16

A Govt spokesperson wants concerns addressed in speedy manner

Govt orders inquiry into NAMA 'Project Eagle' sale

The Government is to order an inquiry into the controversial £1.2 billion sale of Northern Ireland property assets by NAMA.

News • 14 Sep 16

NAMA said it rejects the key conclusions by C&AG

NAMA 'categorically rejects' key C&AG findings

NAMA has "categorically rejected" the key conclusions reached by the Comptroller and Auditor General in its report on the Project Eagle sale.

News • 14 Sep 16

130-page report on NAMA sale was published today

Watchdog audit finds NAMA sale incurred £190m loss

The report by the State's financial watchdog into the sale of NAMA's Northern Ireland portfolio has found the agency incurred a potential loss to the taxpayer of £190m on the sale after previous write downs were included.

News • 16 Sep 16

Seán Fleming to bring plan to PAC next week

PAC chair proposes Stormont alliance on NAMA probe

The chair of the Public Accounts Committee has proposed a collaboration with the Stormont inquiry into the controversial €1.6bn sale of NAMA's Northern Ireland property portfolio.

News • 13 Sep 16

US investment giant Cerberus paid NAMA £1.2bn for a loan portfolio in 2014

Noonan: NAMA watchdog audit found nothing illegal

Minister for Finance Michael Noonan has said the Comptroller and Auditor General report into the sale of NAMA’s Northern Ireland property portfolio has found no irregularities in how the agency acted.

News • 12 Sep 16

Watchdog report on Project Eagle to be published

The Comptroller and Auditor General report into the sale of Nama's Northern loan book will be published later this week.

News • 12 Sep 16

The Project Eagle loan book was sold in 2014

TDs call for inquiry into NAMA Project Eagle sale

Opposition TDs have called for an inquiry to be set up into the sale of NAMA's Project Eagle Northern Ireland loan book following a BBC programme on the issue.

News • 07 Sep 16

Minister for Finance Michael Noonan has published an amendment to Section 110 of the Taxes Consolidation Act

Govt moves to amend Section 110 to close loophole

The Government has moved to close a tax loophole used by so-called vulture funds to reduce tax bills.

News • 06 Sep 16

Daithí McKay has resigned with immediate effect

McKay resigns amid NAMA inquiry allegations

Sinn Féin's Daithí McKay has resigned as MLA for North Antrim and been suspended from the party amid political controversy over allegations of coaching a witness during a Stormont committee hearing.

News • 18 Aug 16

Sources say that bids for Project Gem will be sought towards the end of the year

NAMA planning €4 billion property loan sale

The National Asset Management Agency plans to sell property loans with a face value of about €4 billion, two people with knowledge of the matter have told Bloomberg.

Business • 22 Jul 16