British police arrest two men in probe into €1.5bn sale of assets by Nama

Two men have been arrested by the UK's National Crime Agency (NCA) in a fraud investigation linked to the biggest property deal ever in Northern Ireland.

Searches were carried out in Co Down in connection with the inquiry into the controversial £1.2bn (€1.57bn) sale of assets and property owned by the National Assets Management Agency (Nama), to US investment firm Cerberus.