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Project Eagle investigation needs to be established without delay - Adams

7 September, 2016 - by Gerry Adams

Sinn Féin President Gerry Adams TD, speaking following the broadcast of further revelations relating to NAMA by BBC Spotlight last night, has said:

“Sinn Féin has consistently called for a Commission of Investigation into the disposal of the NAMA loan book - Project Eagle - in the north.

“In June, I said on the floor of the Dáil, ‘a member of NAMA's advisory board is alleged to have been charging a fee for advice about NAMA. It is further alleged that the same individual had an unethical working relationship with a senior NAMA officer who gave him access to additional and sensitive commercial information.’

“Last night the BBC broadcast audio recordings that repeated these allegations.

“To date, the Fine Gael led government and Fianna Fáil have opposed the establishment of a Commission of Investigation into NAMA. The Minister for Finance is still sitting on a report by the Comptroller and Auditor General into the disposal of the NAMA loan book in the North.

“These parties are lurching from one financial scandal to the next and their consistent response is to stall and avoid any investigation. 

“The government must publish the NAMA review and establish a Commission of Investigation into the selling of the NAMA loan book without any further delay. Anything short of that amounts to the continual cover-up of the waste on hundreds of millions of taxpayers’ money.”

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