Financial watchdog to stand over Nama probe

The State’s financial watchdog will stand over his investigation into Nama’s highly criticised €1.3bn Project Eagle today and defend the expertise used to probe the agency’s actions.

The Public Accounts Committee (PAC) today begins its hearings into the agency’s sale of its Northern Ireland loan book.

Nama will criticise the Comptroller and Auditor General (C&AG) and methods of investigation used by Seamus McCarthy for his probe into Project Eagle.