Ireland's NAMA says wind-down nearly complete
Ireland's NAMA says wind-down nearly complete
1 month ago
marketscreener.com
A deal done by NAMA worth €125.5m on behalf of the Irish taxpayer. No minutes. No emails. No proposal in writing. No evaluation of property before sale. All ending in a potential loss to the taxpayer of €29m. And on top of that, the director involved in the sale ended up as a director in the company which bought the package and NAMA had no idea until the sale was complete. This was a deal marked by incompetence and incredible sloppiness at best. NAMA still has €1.23 billion euros worth of assets
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