Three senior Nama board members have rejected claims the State property group made any attempts to help a US investment firm stay in the Project Eagle bidding process after fixers’ fee concerns were raised.

A senior Nama director has dismissed as "simply wrong" claims that Nama lost up to €210m in its controversial sale of a massive Northern Ireland property portfolio.

The hoopla emerging from Friday’s distressed property auction in the Shelbourne Hotel obscures huge headaches for the new Government.

FORMER Revenue chairman Frank Daly and outgoing IMF consultant Stephen Seelig have been appointed to the board of NAMA by Finance Minister Brian Lenihan.

The Finance Minister Brian Lenihan has announced the make up of the board of the National Asset Management Agency (Nama).

COUNTY councillors and local authority managers yesterday defended the increase in expenses paid to them over the past decade, totalling €116 million.

HOUSEHOLDERS face a significant rise in charges next year as local authorities struggle to fund the 80 million benchmarking bill.