Finance Minister Michael Noonan has insisted there was no political pressure from Stormont over the controversial sale of Project Eagle.

Nama must be held accountable for its handling of the controversial sale of a £1.2bn (€1.39bn) Northern Ireland property portfolio, the Public Accounts Committe has insisted.

Finance Minister Michael Noonan faces questions about why he let a firesale of Nama’s £1.6bn Northern loans proceed and did not stop it after the emergency of success fee payments in bids.

Nama’s resistance to public scrutiny over its handling of the sale of a distressed loans in the North could result in harmful political fallout, writes Eamon Quinn

Sinn Féin has suspended a party member after he allegedly made contact with a witness to an inquiry into the North's largest ever property deal.

Sinn Féin has suspended a party member after he allegedly made contact with a witness to an inquiry into the North's largest ever property deal.

A former Sinn Féin Assembly committee chairman has resigned following allegations that he communicated with loyalist Jamie Bryson before he gave explosive evidence about the Nama property deal.

Taoiseach Enda Kenny has rejected opposition calls for a commission of inquiry into the sale of Nama’s Northern loan book following the arrests of two men in a fraud probe linked to the sale.

Taoiseach Enda Kenny has rejected Opposition calls for a Commission of Inquiry into the sale of Nama’s northern loan book, following the arrests of two men in a fraud investigation linked to the sale, writes Daniel McConnell of the Irish Examiner.

Two men have been arrested by the UK's National Crime Agency (NCA) in a fraud investigation linked to the biggest property deal ever in Northern Ireland.

Democratic Unionist leader Peter Robinson has rejected as “outrageous and groundless” an accusation he was to receive a payment linked to Northern Ireland’s largest ever property sale.

Democratic Unionist Party leader Peter Robinson has rejected allegations he was to receive any payment linked to Northern Ireland’s largest ever property sale.

Democratic Unionist Party leader Peter Robinson has rejected allegations he was to receive any payment linked to the North's largest ever property sale.

Lawyers in the North were warned not to divulge details about a billion-euro property controversy minutes before they appeared before a Stormont scrutiny committee, MLAs have heard.

I was talking to the assistant manager from my local bank the other day. Very bright lad, sharp as a tack, the sort who could accurately count your lodgement just by having a quick glance at the size of it out of the corner of his eye.

Commercial property prices across a large chunk of the Project Eagle loans in Belfast have soared by up to 20% since Nama signed off on the transaction for €1.6bn just over 12 months ago, the Irish Examiner has confirmed.

The Oireachtas committee overseeing public spending has asked individuals linked with Nama’s €5.7bn Northern Irish property sale to answer outstanding questions over the deal.

It is being reported a group of businessmen are planning to hand over information to the US Department of Justice about the £7m payment at the centre of the ongoing Nama controversy.

Nama faced fierce scrutiny yesterday amid claims by senior members of the Dáil’s public accounts committee that it should have cancelled a huge sale last year of €5.7bn of Northern loans, codenamed Project Eagle.

2010:

The State’s spending watchdog is to investigate losses linked to Nama’s biggest property portfolio sale amid explosive revelations about fees that were lined up for parties connected to bidders in the deal.

IT WAS back to the future yesterday at the Public Accounts Committee hearing. Strange goings on at the interface of business and politics. Middlemen pulling in serious bucks. Offshore accounts. Apparent conflict of interest.

The key players of the Nama scandal

The chairman of Nama has been accused of “failing to protect the public interest” amid calls for an all-island inquiry into alleged payoffs that were part of the agency’s biggest ever property deal.

The controversy started over disputed legal fees at the Belfast law firm Tughans involving £7m (€9.8m) held in a secret account on the Isle of Man.

A police probe into allegations that the €1.5bn sale of Nama’s Northern property portfolio was connected to a major political pay-off has intensified calls for a top level investigation into the Government agency’s deal south of the border.

Brown Rudnick, the US law firm which advised two bidders involved in the controversial €5.7bn of Project Eagle loans sold by Nama last year, yesterday said it would co-operate with all inquiries into the transaction.

The Government is facing demands for a full inquiry into the sale of €5.7bn worth of assets sold by Nama in the North and millions of pounds allegedly diverted by a firm to an offshore account.

Nama chiefs will be hauled before the Dáil’s public spending watchdog on Thursday to address growing concerns about a controversial cut-price deal — linked to a secret €9.8m off-shore account scandal — that saw properties sold for €4bn less than their initial value.

Independent TD Mick Wallace’s allegations in the Dáil last Thursday set a controversy alight which had been burning for months in Belfast.

Fianna Fáil has added its voice to that of independent TD Mick Wallace and other opposition TDs in calling for an inquiry into the sale by Nama of a huge bundle of €5.7bn loans to a US equity fund, as more questions were raised yesterday about the transaction.

NEARLY every parish in Ireland has a version of Independent TD Mick Wallace’s startling Dáil revelations about the sale in 2014 to Cerberus Capital Management of Nama’s Northern Ireland loan book. 

Nama has stood behind the sale of £4.5bn (€6.3bn) loans in the North, saying it remains fully satisfied that taxpayers got the best possible price in a deal struck with Cerberus Capital that was completed last year.

A Belfast tower building 11 storeys higher than the Republic’s tallest structure, the Elysian, has been sold as part of a loan sale.