Taxpayer was not robbed: Nama boss

Nama chairman Frank Daly has denied that the Irish taxpayer was “robbed” or that the agency’s €1.6bn Northern portfolio sale — called Project Eagle — was a “corrupt” process.

Recent claims that winning bidders Cerberus sold back assets to debtors at inflated prices or that huge ‘fixer’ fees were paid out relating to the deal were also flatly rejected.

The Nama chairman and the agency face mounting pressure to co-operate with a Stormont inquiry in the North into the 2014 Project Eagle sale.