Michael Noonan under pressure to explain US fund meeting

Finance Minister Michael Noonan is under pressure to explain why he met with US vulture fund officials over Project Eagle, a €1.6bn state property sale which a report says was “seriously deficient”.

The release of a damning Public Accounts Committee dossier paves the way for a full commission of investigation into Nama’s northern property portfolio deal.

Taoiseach Enda Kenny is standing by the finance minister and ruled out calling for his resignation despite the fact Mr Noonan is now involved in three different State inquiries.