Hot BaNAMA Republic: "Ireland loses up to €40 Billion" due to NAMA chicanery!

Dublin 4

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This is supposed to be a "NATIONAL" Assets Management Agency which dubiously uses the term National in it's Title!

Instead it's actually a Private Gang with less accountability to our Nation than the INLA!






 

Tadhg Gaelach

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Taoiseach Enda Kenny has described allegations of bags of cash being paid to a former adviser to bad bank Nama as incredible and extraordinary.

Mr Kenny said he was not opposed to an inquiry into the handling of Project Eagle, the biggest property deal in Northern Ireland when US investment giant Cerberus paid Nama £1.2 billion for a loan portfolio in 2014.

The sale was first dogged by controversy after £7 million linked to it was found in an Isle of Man bank account.

Subsequently BBC Spotlight reported a series of taped conversations between developer John Miskelly and Frank Cushnahan, the former member of Nama's Northern Ireland advisory committee, including one about a handover of £40,000 cash in a hospital car park.

Mr Kenny said he had watched the programme.

"I found it quite incredible," he said.

"Nothing surprises me at the kind of activities that take place in politics, in that sense I find it extraordinary to hear the audio reports of engagements and meetings between certain personnel."

Cash handover claims in Nama case incredible, says Enda Kenny - Independent.ie

Indeed, Enda, nothing surprises us either about your criminal régime.
 

The Hammer

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F***

Has the EU collapsed yet


Is the sky finally about to fall in


SELL SELL SELL
 

Ned Ryerson

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Full disclosure is needed :

what was the acquisition price paid by NAMA for each loan/property acquired
how much did NAMA sell loan/property for

If NAMA flogged a loan/property for €1.3m and the same loan/property was flogged for €13m, 12 months later, that beggars a stewards enquiry.
 
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