Michael Noonan endorses Project Eagle auction process

Finance Minister Michael Noonan and the National Asset Management Agency have strongly endorsed the auction process behind the sale of the so-called Project Eagle loans.

Michael Noonan endorses Project Eagle auction process

The auction by Nama of a large bundle of distressed loans secured on properties in the North and Scotland which was completed in April 2014 raised €1.24bn (€1.6bn).

It was thrust back into the spotlight last week following two arrests in Co Down amid an investigation by the UK’s National Crime Agency.

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