Two companies asked to attend Project Eagle inquiry

The two companies at the heart of the Nama Project Eagle controversy have been asked to attend a cross-party Dáil inquiry next month due to ongoing concerns surrounding the financial deal.

PAC chair and Fianna Fáil TD Sean Fleming confirmed last night Pimco and Cerberus will be invited to meetings with the Dáil’s public accounts committee in November as TDs continue attempts to examine the multi-billion euro controversy.

Pimco and Cerberus are central to the investigations into the Project Eagle deal, which saw Nama sell off its Northern Ireland property portfolio for a reportedly €220m less than its value, due to the fact they were key to the sale’s bidding process.