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Dr Alan Ahearne: Arguments of NAMA's critics built on shaky foundations

The setting up of the National Asset Management Agency was one of the most controversial decisions taken by the last government.

The criticism levelled against the agency has drifted over time -- often a sign that the critics are on weak ground. NAMA nowadays is under attack from some quarters for supposedly being an overly-secretive, expensive, overzealous institution. In some ways, the criticism is understandable.

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