TD pursues call for probe into banks over NAMA loans

A FIANNA FAIL TD has written to the Garda Commissioner, the Director of Corporate Enforcement, and the Financial Regulator calling on them to investigate banks for misleading NAMA.

The move follows a meeting of the Oireachtas Public Accounts Committee (PAC) on Thursday at which NAMA bosses said they had been given “misleading” information by banks on the value of their loans.

The PAC decided to write a letter to the Financial Regulator asking him to investigate the matter.