Government rejects call for NAMA board and senior execs to be suspended

Government rejects call for NAMA board and senior execs to be suspended

The Government has rejected a call for the NAMA board and senior executives to be suspended, pending a Commission of Investigation into the sale of NAMA's northern Ireland loanbook.

Independent TD Mick Wallace outlined in the Dáil how he had met a businessman in Asia who provided him with new documentation in relation to the sale of Project Eagle.

The Wexford TD also outlined how the sale process to Cerberus was completed in a matter of days after Pimco pulled out in March 2014.

And Mr Wallace revealed that an advisor to NAMA was touting to make profits off the loanbook as far back as 20-10.

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