Financial watchdog urged to investigate Nama deal which saw €455m in assets sold to US multi-national firm

Ireland's independent financial watchdog has been urged to investigate a previously unknown Nama deal which saw €455m worth of assets sold to a US multi-national firm suggested by the developers who originally owned the loans, writes Fiachra O Cionnaith.

Fianna Fail finance spokesperson Michael McGrath called for the examination just days after Taoiseach Enda Kenny confirmed the separate Project Eagle inquiry is set to begin and will provide an initial report within three months.