This site uses cookies to improve your experience and to provide services and advertising. By continuing to browse, you agree to the use of cookies described in our Cookies Policy. You may change your settings at any time but this may impact on the functionality of the site. To learn more see our Cookies Policy.
#Open journalism No news is bad news

Your contributions will help us continue to deliver the stories that are important to you

Support The Journal
Dublin: 18 °C Tuesday 26 May, 2020

#Frank Daly

# frank-daly - Thursday 1 June, 2017

Nama boss: 'About €35bn is gone, but it was gone before we were set up'

The bad bank said today it will make a bigger-than-expected lifetime surplus.

# frank-daly - Tuesday 9 May, 2017

Here are the specific things about Nama that the State will investigate

The commission of investigation will primarily deal with the sale of Nama’s Northern Irish loan book, otherwise known as Project Eagle, in April 2014.

# frank-daly - Wednesday 15 July, 2015

Mick Wallace claims ‘€15,000 in a bag’ was paid to Nama official

Nama has said the claims will be investigated.

# frank-daly - Tuesday 27 May, 2014

NAMA promises "the sight of cranes returning to Dublin’s Docklands"

The state’s bad bank generated €4.5 billion last year.

# frank-daly - Friday 4 April, 2014

NAMA sells €5.4bn Northern Ireland loan book but won't disclose sale price

The loan portfolio, codenamed Project Eagle, has been sold to New York based investment firm Cerberus.

# frank-daly - Friday 20 December, 2013

NAMA fights back against claims of illegality

NAMA’s bosses told an Oireachtas committee this morning that although they have not been presented with the specific allegations, they are “satisfied that they are unfounded”.

# frank-daly - Saturday 21 September, 2013

NAMA to invest a minimum of €2 billion in Irish property market

Chairman Frank Daly said that €13 billion had been generated in revenue from rents and from disposals of assets and properties since NAMA’s establishment

# frank-daly - Thursday 21 February, 2013

Nama to make significant investment in Dublin Docklands area

The Agency said the decision to invest in the area was in response to emerging demand in key markets, such as financial services sector.

# frank-daly - Thursday 3 January, 2013

NAMA ends 2012 with €3.6 billion in the bank

The agency’s end-of-year report paints a positive picture after repaying €4.75 billion in debts last year.

# frank-daly - Wednesday 24 October, 2012

NAMA CEO expresses "anger and disappointment" in former employee

Chairman of the agency Frank Daly said the former employee removed data from NAMA including loans acquired by the agency.

# frank-daly - Wednesday 25 July, 2012

NAMA reports profit of €247 million after tax

The profit comes after the agency took a €1.27 billion hit to cover bad loans.

# frank-daly - Wednesday 23 May, 2012

NAMA to invest €2 billion in unfinished developments, new construction sites

Up to 25,000 construction jobs will be created, according to chairman Frank Daly.

# frank-daly - Wednesday 14 March, 2012

Chairman opposes making NAMA subject to Freedom of Information laws

Frank Daly tells an Oireachtas committee that requiring full transparency would compromise NAMA’s commercial objectives.

# frank-daly - Thursday 8 March, 2012

Most NAMA debtors are co-operating with agency insists chairman

Frank Daly was speak to the Oireachtas Joint Committee on the Implementation of the Good Friday Agreement today.

# frank-daly - Friday 10 February, 2012

Nama to claw back €500million in assets

The agency expects to recover assets which debtors tried to put beyond its reach, its chairman Frank Daly has said.

# frank-daly - Wednesday 16 November, 2011

NAMA turns €118m profit in second quarter of 2011

The State’s ‘bad bank’ increases profits, making €118m in three months, generating over €800m in cash in the three months.

# frank-daly - Wednesday 26 October, 2011

NAMA is paying €200,000 salaries to two indebted developers

Two of the ‘major’ developers who owe millions to the bad bank are being paid €200k salaries – and all can be paid commission.

# frank-daly - Monday 3 October, 2011

NAMA confirms pursuit of major developers' pensions

The State’s ‘bad bank’ says it wants to get its hands on the pension pots of indebted developers – some of them worth millions.

# frank-daly - Friday 9 September, 2011

NAMA chairman defends paying six-figure salaries to developers

Frank Daly tells an Oireachtas committee that hiring a developer on a big salary is often cheaper than appointing a receiver.

# frank-daly - Sunday 17 April, 2011

The 9 at 9: Sunday

Nine things you need to know by 9am: Man arrested in connection with discovery of a body in Laois; Japan’s nuclear crisis under control ‘within nine months’; shocking figures from the ISPCA; and Cuba’s socialist state could be about to undergo huge change.

# frank-daly - Wednesday 23 March, 2011

NAMA chief: We're not to blame for cheap hotel rooms

NAMA’s chairman Frank Daly dismisses criticisms that NAMA’s hotel ownership was forcing down the market prices.

The 9 at 9: Wednesday

Nine things you need to know by 9am: The fallout from the Moriarty report continues; an 8,000 page file on Anglo goes to the DPP and there are calls for a class action suit against the state and its banks by beleaguered homeowners.