Architect of NAMA claims it is not functioning as intended

The man credited with inventing NAMA has told the banking inquiry it is not doing the job it was designed to do.

Architect of NAMA claims it is not functioning as intended
Wed, 04 Mar, 2015 - 12:10

The man credited with inventing NAMA has told the banking inquiry it is not doing the job it was designed to do.

Dr Peter Bacon said the agency has focused more on chasing debts than on increasing the value of its investments.

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