TDs 'shocked' at Nama executive's 'attacks' on the Comptroller and Auditor General

A senior Nama director has dismissed as "simply wrong" claims that Nama lost up to €210m in its controversial sale of a massive Northern Ireland property portfolio.

In a hard-hitting rebuke, Willie Soffe - chair of the Nama credit committee, said the key finding of an investigation by the Public Accounts Committee (PAC) into the sale was derived from a mistaken assumption about a discount rate.