Person: Frank Cushnahan

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

news

Legal loophole means Good Friday alcohol reform bill doesn’t cover restaurants

Plans to scrap the Good Friday alcohol ban will not end the block on sales in restaurants and other areas because of legal loopholes in the proposed legislation.

news

Good Friday alcohol reform bill doesn’t cover restaurants

Plans to scrap the Good Friday alcohol ban will not end the block on sales in restaurants and other areas because of legal loopholes in the proposed legislation.

business

Nama property deal 'seriously deficient', says watchdog

The biggest property deal in the North's history was "seriously deficient", the Public Accounts Committee (PAC) said.

news

Noonan talks with Cerberus ‘inappropriate’

news

Sale of Project Eagle was ‘flawed’ and ‘unfair’

news

‘No board row’ over Project Eagle sale

Nama bosses deny 'boardroom row' over Project Eagle deal

The bosses of Nama have insisted there was no boardroom row over the controversial €1.6bn Project Eagle deal.

Wed, 14 Dec, 2016

Minister: Eagle deal corrupted North’s political system

Northern Finance Minister Máirtín Ó Muilleoir has said Northern Ireland’s entire political system has been corrupted by the £1.24bn Project Eagle property sale.

Wed, 07 Dec, 2016

Peter Robinson declines to appear before PAC

Former Northern Ireland first minister and DUP leader Peter Robinson and two witnesses vital to an investigation into the controversial Project Eagle deal have formally refused to face public questioning.

Fri, 25 Nov, 2016

Nama heads have ‘no idea’ why Cerebus would pay £15m

Nama’s two most senior officials have “no idea” why Project Eagle winner Cerberus was willing to pay an “extraordinary” £15m to Brown Rudnick and Tughan’s for information seemingly already available to the firm.

Fri, 25 Nov, 2016

Banker: There were unusual features in Project Eagle deal

An international investment banker who advised Nama on the controversial multibillion-euro Project Eagle sales process has admitted there were several “unusual features” in the deal.

Wed, 23 Nov, 2016

Nama challenges Mick Wallace to give gardaí evidence

Nama has written to Independents4Change TD Mick Wallace to hit out at his “unsubstantiated allegations” and tell him failure to hand over evidence to gardaí could be a criminal offence.

Sun, 20 Nov, 2016

‘Nama adviser peddled assets overseas’

A prominent Belfast businessman who acted as an adviser to Nama was peddling its assets overseas shortly after being appointed, it has been claimed.

Fri, 18 Nov, 2016

Nama deal winner ‘paid for access’ to Michael Noonan

The winner of the controversial multibillion euro Project Eagle Nama deal paid two firms heavily involved in a previous bid £15m for help “accessing” Finance Minister Michael Noonan and “the Northern Ireland executive”.

Fri, 18 Nov, 2016

Cerberus paid millions for help 'accessing' Michael Noonan and Stormont ministers, PAC hears

The winner of the controversial multi-billion euro Project Eagle Nama deal paid two firms heavily involved in a previous bid stg£15m for help "accessing" Finance Minister Michael Noonan and "the Northern Ireland executive".

Thu, 17 Nov, 2016

Dispute over what Sinn Féin knew of Nama sale

Northern Ireland Deputy First Minister Martin McGuinness has been accused of “wilfully ignoring” Nama Project Eagle deal concerns before it happened, in order to be able to blame the rival DUP for the “politically toxic” scandal.

Thu, 17 Nov, 2016

Cerberus chief confident no improper payments were made

The successful bidder for the Nama Project Eagle portfolio will tell the Public Accounts Committee today that legal firms involved in the deal told them they would offer information to other bidders if they did not pay support fees of £15m.

Thu, 17 Nov, 2016

Martin McGuinness to address Project Eagle sale

Northern Ireland deputy First Minister Martin McGuinness has insisted he had “no involvement” in the appointment of businessman Frank Cushnahan to a Nama advisory group linked to Project Eagle.

Wed, 16 Nov, 2016

Pimco letter to PAC ‘a game changer’

Nama has been accused by US investment firm Pimco of “repeatedly mischaracterising” its role in the controversial sale of its Northern Ireland loan book.

Fri, 11 Nov, 2016

Nama official told firm ‘way could be found for deal’

A senior Nama official told US firm Pimco — the original bidder for the Northern Irish loan book — that some other way could be found to stay in the process, despite the emergence of controversial “fixer” fees.

Wed, 26 Oct, 2016

Nama rejects Project Eagle claims

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.

Wed, 19 Oct, 2016

TDs 'shocked' at Nama executive's 'attacks' on the Comptroller and Auditor General

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.

Tue, 18 Oct, 2016

Two companies asked to attend Project Eagle inquiry

The two companies at the heart of the Nama Project Eagle controversy have been asked to attend a cross-party Dáil inquiry next month due to ongoing concerns surrounding the financial deal.

Tue, 18 Oct, 2016

Michael Noonan denies he told Nama to sell loans

Finance Minister Michael Noonan has denied “directing” Nama to quickly sell-off its Project Eagle loans in a move which allegedly lost the State €220m, despite admitting to seeking and giving “advice” on the highly controversial deal.

Fri, 07 Oct, 2016

Focus again on semantics is key to vital part of Nama sale probe

Forget diamonds or dogs. When it comes to politics, semantics are a person’s best friend.

Fri, 07 Oct, 2016

No Stormont pressure over Project Eagle sale, says Michael Noonan

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

Thu, 06 Oct, 2016

Michael Noonan tells PAC 'there was no political pressure on NAMA' over Project Eagle

Finance Minister Michael Noonan has insisted he did not put pressure on NAMA to sell the multi-billion euro Project Eagle property bundle in 2014, writes Fiachra O Cionnaith of the Irish Examiner.

Thu, 06 Oct, 2016

Michael Noonan faces PAC over Project Eagle deal

Finance Minister Michael Noonan will issue a staunch defence of any actions he took relating to the controversial Project Eagle deal when he attends a cross-party grilling today.

Thu, 06 Oct, 2016

Straight-talking John Deasy takes Enda Kenny to task again

The articulate Waterford Fine Gael TD has long clashed with his boss, and Nama’s Northern Ireland loan portfolio is just the latest flashpoint, writes Daniel McConnell.

Sat, 01 Oct, 2016

Project Eagle: Nama officials face grilling at PAC

Two powerful State agencies, one of the biggest sales of State-owned loans, and plenty of questions.

Fri, 30 Sep, 2016

C&AG defends methods used to investigate Nama’s Project Eagle sale

The State’s spending watchdog has strongly defended methods used to probe Nama’s Project Eagle, but admitted losses from the deal may be more than the estimated £190m (€220m) for taxpayers.

Fri, 30 Sep, 2016

Nama 'must be held accountable for €1.39bn Project Eagle sale'

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.

Thu, 29 Sep, 2016

Peter Robinson and Martin McGuinness to face PAC over the Nama Project Eagle controversy

The former Northern Ireland first minister Peter Robinson and current deputy first minister Martin McGuinness are set to be questioned over the Nama Project Eagle controversy.

Thu, 22 Sep, 2016

Michael Noonan will not get grilling on Nama deal

Finance Minister Michael Noonan will likely not be questioned by the high-profile Public Accounts Committee about Nama’s €1.6bn Project Eagle sale.

Mon, 19 Sep, 2016

C&AG report: Michael Noonan faces quiz on Nama firesale

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.

Thu, 15 Sep, 2016

C&AG report: Noonan and Kenny catch a break as publication timing could have been much worse

There will be some fallout but the publication of the C&AG’s report into Nama’s disposal of assets in Northern Ireland could have come at a much worse time for the Finance Minster — two years ago he would have been finished, writes Michael Clifford

Thu, 15 Sep, 2016

C&AG report: £15m fees structure for adviser and law firms ‘should have raised concerns’

The existence of a shared £15 million fees structure for Nama’s North adviser Frank Cushnahan and two law firms should have raised “concerns” for the agency about its Project Eagle sale.

Thu, 15 Sep, 2016

C&AG report Q&A: So what is it about and what now?

Political reporter Fiachra Ó'Cionnaith breaksdown the 'Project Eagle' report and gives us an insight into what is to come.

Thu, 15 Sep, 2016

C&AG report: ‘Shadow of Nama adviser Cushnahan looms large’

Finance Minister Michael Noonan and senior Nama officials have been accused of failing the public by allowing the Project Eagle sale to continue, despite knowing Nama adviser Frank Cushnahan was set to benefit substantially from the deal.

Thu, 15 Sep, 2016

C&AG report: Bulk sale was a major shift in usual strategy

Nama’s decision to sell its Northern Ireland portfolio in bulk represented “a significant shift” in its usual strategy.

Thu, 15 Sep, 2016

High cost of Nama failings - C&AG report

‘FOOL me once, shame on you. Fool me twice, shame on me,” the saying goes.

Thu, 15 Sep, 2016

No state inquiry into Nama unless Enda Kenny convinced

Enda Kenny has said he will not set up a state inquiry into the Nama controversy unless he is “absolutely convinced” it is necessary because he does not want to waste taxpayers’ money.

Wed, 14 Sep, 2016

Fine Gael think-in: Noonan dismisses Nama probe talk

Finance Minister Michael Noonan has appeared to pour cold water on suggestions a government investigation into the Nama Project Eagle controversy is set to be established, despite concerns taxpayers lost out on hundreds of millions of euro.

Tue, 13 Sep, 2016

Nama obstinacy could lead to another state inquiry

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

Tue, 13 Sep, 2016

Cash handover claims in Nama case 'incredible', says Enda Kenny

Taoiseach Enda Kenny has described allegations of bags of cash being paid to a former adviser to Nama as incredible and extraordinary.

Mon, 12 Sep, 2016

Inquiry now seems an inevitability - Demands for Nama investigation

THE momentum gathering demands for a commission of inquiry into the sale Nama’s €1.6bn Northern Ireland loan book seems to have gathered an undeniable force. 

Mon, 12 Sep, 2016

Call to probe cross-border Nama claims

There have been further calls for a cross-border inquiry into Nama’s property portfolio sale in the North, following fresh revelations by the BBC.

Thu, 08 Sep, 2016

Stonewalling adds to suspicion on NI deal

THERE are fewer more experienced campaigners in the Dáil than Finance Minister Michael Noonan, so his reticence on the Project Eagle deal, where US company Cerberus paid just under €1.6bn for Nama’s North of Ireland portfolio, is pretty hard to understand.

Sat, 12 Mar, 2016

Stormont: Michael Noonan has questions to answer

Finance Minister Michael Noonan has questions to answer after keeping Stormont counterparts in the dark over proposed payments to a former adviser to Nama, a watchdog claimed.

Fri, 11 Mar, 2016

No sign of the Nama scandal going away

The scandal surrounding Nama and the sale of its Northern loan book is being ignored — but that can’t go on forever as new nuggets of information emerge, writes Michael Clifford

Tue, 08 Mar, 2016

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