Wallace wants sale of €8.4bn worth of Nama loans suspended

Independent TD Mick Wallace has today called for the suspension of the sale of €8.4bn worth of loans by Nama.

Wed, 22 Jul, 2015 - 12:44

Independent TD Mick Wallace has today called for the suspension of the sale of €8.4bn worth of loans by Nama.

The Wexford TD claimed that 'Project Arrow' contains around 500 mainly non-performing loans and that the manner in which Nama is selling them means it is only likely a "faceless" US vulture fund would buy them.

CONNECT WITH US TODAY

NEWSLETTERS

NOTIFICATIONS

Be the first to know the latest news and updates

More in this section

Motorcyclist dies following crash in Co Wexford

School classroom scene with kids learning in background

Parents call on ministers to address ‘failures’ at special school amid principal abuse claims

Close up of woman receiving botox injection in lips

Lack of legislation around injectable aesthetics 'glaring public safety failure'

Courts Nama Mick Wallace

<p>A Spanish Civil Guard officer inspects the area where passengers from the MV Hondius cruise ship are expected to arrive at the port of Granadilla in Tenerife (Manu Fernandez/AP)</p>

Plans in place to bring Irish passengers on hantavirus-hit ship ship home, officials say

READ NOW

Wallace wants sale of €8.4bn worth of Nama loans suspended

Plans in place to bring Irish passengers on hantavirus-hit ship ship home, officials say

Lunchtime News

Latest

Wallace wants sale of €8.4bn worth of Nama loans suspended

Unlimited access starts here.

Plans in place to bring Irish passengers on hantavirus-hit ship ship home, officials say

Lunchtime News

Latest

Most Read