Interim Project Eagle report submitted to Taoiseach

An interim report on Nama's Project Eagle has been submitted to the Taoiseach.

Interim Project Eagle report submitted to Taoiseach

An interim report on Nama's Project Eagle has been submitted to the Taoiseach Leo Varadkar.

The Cooke Commission of Investigation is looking into the controversy around the sale of Nama's property portfolio in Northern Ireland.

The report summarises the preparatory work completed by the Commission.

The Commission belives the final report should be completed by the end of June next year.

The massive collection of Northern Ireland property loans, taken over by Nama after the economic crash, was sold to US investment fund Cerberus in April 2014.

The deal was "seriously deficient", the Dáil's Public Accounts Committee concluded earlier this year after a long-running probe into aspects of the sale.

Agreeing terms of reference for an inquiry in May, the Cabinet said it would investigate whether the sale was appropriate, if the price paid was appropriate and whether there were any conflicts of interest among Nama's Northern Ireland advisers.

more courts articles

Football fan given banning order after mocking Munich air disaster Football fan given banning order after mocking Munich air disaster
Man (25) in court charged with murdering his father and attempted murder of mother Man (25) in court charged with murdering his father and attempted murder of mother
Man appears in court charged with false imprisonment of woman in van Man appears in court charged with false imprisonment of woman in van

More in this section

Net zero Profits plummet at battery-maker LG Energy amid EV slowdown
Concern honours Ireland’s volunteers Concern honours Ireland’s volunteers
FILE PHOTO The Competition and Consumer Protection Commission has cleared the purchase of Goodbody Stockbrokers by AIB END Goodbody Stockbrokers fined over €1.2m by Central Bank over rules breaches
IE logo
Devices


UNLIMITED ACCESS TO THE IRISH EXAMINER FOR TEAMS AND ORGANISATIONS
FIND OUT MORE

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
ie logo
Puzzles Logo

Play digital puzzles like crosswords, sudoku and a variety of word games including the popular Word Wheel

Lunchtime News
Newsletter

Keep up with the stories of the day with our lunchtime news wrap.

Sign up
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited