Tuesday, October 18, 2016

Three more Nama directors are set to face questions this morning over the sale of its Northern Ireland loan took.

Last week the Public Accounts Committee was told that the transaction was not overseen by Nama’s Northern advisory committee, but instead by its main board based in Dublin.

Today three members of that board will be called for questioning on why the sale was not called off, after concerns were raised about alleged fixers’ fees.

There will also be questions as to why the loans were all sold off in one piece, when it meant only a handful of worldwide groups would be able to afford them.

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