Auditor General: Nama didn’t take sufficient action over loan book sale concerns

Latest: The Comptroller and Auditor General has said Nama did not take sufficient action when concerns were raised about the sale of its Northern loan book.

Update 10am: The Comptroller and Auditor General has said Nama did not take sufficient action when concerns were raised about the sale of its Northern loan book.

Seamus McCarthy said he has also not had sufficient assurance that a different strategy from Nama in the sale of Project Eagle would not have resulted in greater value for the taxpayer.