It is an insignificant drop in a vast ocean of fraud.

Any chance we can see people who carried out such activities being arrested and imprisoned?

”Their recovery is an important step in winning the public’s confidence in the Nama project”

”It’s an achievement. It’s important in terms of reassuring taxpayers that we went after these assets, after these transferred funds, and we got them back”.

So Frank.What you are saying here is, that you are only doing this as a bit of a publicity stunt to try to win our confidence?

I can assure you Frank, that nobody will ever have any confidence in you or in NAMA.

What have you done in the last 2 years?

If you really want to save the taxpayer money….
Shut NAMA down today and stop paying yourself and your accountant and solicitors cronies billions of our money.

These guys are clowns.

Dud you hear daly on rte this morning? It seems to me that the role of nama has become a monster and is not what it set out to be.
It’s a disaster.

I know every says NAMA is a bad idea but it looks good to me, it has returns a profit every year and still holds assets worth billions of euro………

If these properties were sold of when they were worth something we would have had a better return.

This would have also eliminated the 10 year (or maybe open ended?) ”jobs for the boys” NAMA gravy train.

When NAMA is shut down (if it is ever shut down) it will have only ever made enough money to pay its own salaries,fees,advisers fees, expenses etc,etc,etc, (if it even manages to achieve that).

Just look at all the rates,household charges,2nd property taxes, etc they are missing out on these comatosed rotting properties alone.

Governments have never run property efficiently.

1. You can’t sell property in this country and expect to get any reasonable price for it.
2. If you sold it anyway the value of every other property in the country would drop even further sending more and more families into even worse negative equity.
NAMA while not the greastest idea ever is the one chosen and we have swam half way across the ocean there’s not much point in turning back.

1. You can’t sell it now alright and especially not after NAMA and co has F@@ked with the market, but maybe 4 long years ago when all this crap started.
2. Concerned about negative equity on your home?
Well maybe it just wasn’t worth that much in the first place and maybe you were a victim of your bank and their dodgy valuers who inflated its price to suit their loan targets? (but they’d never do that would they?)