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Minister for Finance Michael Noonan and Nama chairman Frank Daly, pictured in June of this year Leah Farrell
Your Say

Poll: Do you have confidence in Nama?

The government says it does. But do you?

YESTERDAY, THE REPORT of the Comptroller and Auditor General (C&AG), Ireland’s financial watchdog, into the sale of the Northern Irish property portfolio Project Eagle was published.

The C&AG concluded that the National Asset Management Agency (Nama) had lost €220 million on the sale of the loan book in April 2014. This is a conclusion that Nama has disputed in the strongest possible terms.

Yesterday, Sinn Féin finance spokesman Pearse Doherty called for a “suspension of all Nama transactions” until the situation is resolved. Meanwhile, on the government side of things, Minister for Public Expenditure Paschal Donohoe managed to express confidence in both the C&AG and Nama in the same breath.

So it seems the government is fully behind the agency, and endorses its ability to perform its “exceptionally important duties”, in Donohoe’s words.

But do you?

We’re asking: Do you have confidence in Nama?

Poll Results:

No, I have no confidence in Nama (9589)
No, but Nama performs an essential duty (1361)
Yes, absolutely (802)
Yes, but my faith has been shaken by this report (763)

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