Minister for Finance must move to stop NAMA giveaway

Mick Wallace is right to call for the suspension of the next NAMA giveaway, ‘Project Arrow’.

The sale of the last ‘tranche’, worth €5bn, for €1.5bn, does not make sense and is on such a scale that it should involve all the law enforcement agencies, including the DPP’s office.

If the latest sale of these publicly-owned assets goes ahead at the behest of the Minister for Finance, Michael Noonan, it should be classified as reckless negligence. Why was NAMA allowed to become so unaccountable?

Joe Brennan

Ballinspittle

Co. Cork