Stormont puts pressure on Nama to give evidence

Stormont has demanded that Finance Minister Michael Noonan put pressure on Nama to give evidence to a probe in the North of the agency’s sale of the Project Eagle loan portfolio.

Belfast Assembly leaders branded Nama’s attitude to its inquiry as “insulting” after senior figures refused to attend hearings being conducted by its finance committee into the agency’s controversial €1.5bn sale of its Northern property portfolio last year.

The chairman of Stormont’s finance committee, Daithi McKay, warned that he would use compellability powers if Nama did not attend to answer its questions.