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Updated 12.40 pm
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Everyone’s talking about…
IT PROBABLY DOESN’T help perceptions around Nama’s secretive dealings that they are named like some sort of villainous plot from a James Bond movie.
But today the Public Accounts Committee is questioning the agency’s top executives about ‘Project Eagle’, the sale of its 800 property Northern Ireland loanbook worth €1.6 billion.
The controversy has been brought to the fore by Mick Wallace TD who says that the portfolio was worth €4.5 billion.
During the summer, the Wexford deputy claimed that an audit of a legal firm involved in the sale process revealed that £7 million ended up in an Isle of Man bank account and this was “reportedly earmarked for a Northern Ireland politician”.
People of both political and and business hues had been pushing a somewhat partitionist approach to the issues, essentially that it’s a Northern problem.
But today it came south when, as well as those Nama officials, the chair of the Northern Ireland finance committee Daithi McKay briefed TDs and Senators. That committee has been carrying out its own inquiries.
McKay said that the reluctance of Nama to appear before the committee had been ‘frustrating’.
His interventions came as PAC chairman John McGuinness described the decision of Finance Minister Michael Noonan to furnish them with 41 documents running to hundreds of pages late last night as “deeply frustrating”.
Sinn Féin’s Mary Lou McDonald went further saying that the timing “feels like a manoeuvre”.
The agenda
Inside Leinster House
While everyone may speculate all they want about the date of the general election, a senior government source was last night unequivocal in their response.
Anybody who says they know Enda Kenny’s thinking on the date of the general election is lying.
What the others are saying
In case you missed it…
Good day for…
Bad day for…
On the Twitter machine…
Getting students to your stall on clubs and socs day in college is always a dog eat dog challenge, but a cardboard cut out of Willie O’Dea certainly helps.
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