PSNI probe into €1.5bn Nama deal allegations sparks call for inquiry

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.

As controversy surrounding the massive land deal with a US investment firm intensified, the PSNI moved to launch a criminal inquiry into claims which emerged in the Dáil regarding an off-shore account in the Isle of Man containing €9.8m.

Northern police acted after Independent TD Mick Wallace told the Dáil that the millions in the account were “reportedly earmarked for a Northern Ireland politician or political party”.