PAC expected to sign off on Project Eagle report today

The Dáil’s public accounts committee has been told it is expected to sign off on its controversial Project Eagle report today, despite an ongoing battle over references to Finance Minister Michael Noonan.

Committee chair and Fianna Fáil TD Sean Fleming told colleagues “it is anticipated” the report will be finalised whether there is agreement or not this afternoon as calls continue for a commission of investigation into the multi-billion euro case.

As previously reported by the Irish Examiner, the PAC has been tasked with investigating claims of interference in the €1.6bn sale of Nama’s Northern Ireland loan book in 2014. The sale, which the independent Comptroller and Auditor General last year concluded cost the State €220m, has been mired in difficulties since it occurred due to claims of conflicts of interest, unfair advantages to firms, and interference from politicians on both sides of the border.