A joint bid from Goldman Sachs and CarVal Investors, as well as an approach by Cerberus Capital Management, are understood to have made the shortlist for one of the largest loan portfolios ever put up for sale by NAMA.
Allied Irish Banks has lashed out at Citibank's latest efforts to derail a $500m lawsuit launched over a decade ago after rogue trader John Rusnak racked up $691m of losses at former AIB subsidiary Allfirst, The Irish Independent reports.
Officials from Northern Ireland's Department of Finance said the appointments to NAMA's Advisory Committee in Northern Ireland were made by the Irish Government and NAMA and denied the Northern Ireland finance minister or the department had a say in the decision in the end.
The Belfast lawyer at the centre of the controversy over millions of pounds of fees relating to the purchase of NAMA's Northern Ireland property portfolio has said no politician in Northern Ireland was ever to receive money from the deal.
Fianna Fáil leader Micheál Martin has asked the Taoiseach to agree to establish a commission of investigation into the sale of the property loan book in Northern Ireland by the National Asset Management Agency.