Project Eagle fees structure should have raised concerns for Nama, states C&AG report

A report from the Comptroller and Auditor General (C&AG) today has stated that Nama should have had "concerns" around a fees structure for Project Eagle and took a "narrow approach" in addressing problems with the northern loan deal, writes Juno McEnroe, Political Correspondent .

The State’s financial watchdog has concluded that Nama’s sale of its €1.6bn northern property loans had reduced competition and information for bidders compared to other sales.