Renewed calls for Nama sale inquiry

There have been renewed calls for a full inquiry into Nama’s northern property portfolio sale and fresh claims that some €45m was paid out in ‘fixer’ fees in relation to the deal.

Independent TD Mick Wallace made the claim in the Dáil as he called on the Government to stop treating the €1.5bn Nama sell-off as just a Northern Ireland issue.

He said the sale of toxic assets and property to Cerberus resulted in the US firm selling on loans for double what they paid, which was ultimately a loss to Irish taxpayers. The portfolio of over 800 properties had originally been valued at €5.7bn.