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PAC to probe claims regarding sale of NAMA’s NI portfolio

first_img WhatsApp Pinterest Google+ Man arrested on suspicion of drugs and criminal property offences in Derry Twitter PAC to probe claims regarding sale of NAMA’s NI portfolio RELATED ARTICLESMORE FROM AUTHOR 365 additional cases of Covid-19 in Republic Gardai continue to investigate Kilmacrennan fire NAMA is being asked to explain how it valued its Northern Ireland property portfolio for sale.The agency’s Chairman and Chief Executive are appearing before the Dail’s Public Accounts Committee today.Around 850 assets were sold in one lot for over 1.5 billion euro last year.But in the Dail last week, Independent Deputy Mick Wallace claimed they were worth in the region of 4.5 billion – a claim NAMA strenuously denies.The agency says it sold the assets for what they were worth and not a cent less.The PSNI has launched a criminal investigation into activities relating to the purchase.PAC Chairman Deputy John McGuinness says the police investigation changes the committee’s immediate plans……..Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2015/07/namapacinvestigation.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Facebook Pinterestcenter_img Facebook Further drop in people receiving PUP in Donegal Main Evening News, Sport and Obituaries Tuesday May 25th By admin – July 9, 2015 Twitter Google+ Homepage BannerNews WhatsApp 75 positive cases of Covid confirmed in North Previous articleNo decision yet on whether SF will run a third candidate in DonegalNext articleMan due before Derry Magistrates Court on cannabis charges admin last_img read more