Friday 27 April 2018

Shane Ross: It's an easy life for Frank and his dear family

The Nama chief has adjusted himself with alarming grace to the elite ranks of business, writes Shane Ross

Enter Frank Daly, the family man. On Friday morning Nama chief Frank Daly proudly introduced us to his new family. In his interview with RTE's Morning Ireland he referred to Nama's membership of the "NTMA (National Treasury Management Agency's) family".

Frank was, maybe, a little too euphoric after his warm reception at the Dublin Chamber of Commerce dinner on Thursday night. If the NTMA is Nama's parent, Frank should head for the nearest orphanage.

Frank has not 'gone native' since he joined Nama. He is a born native. But he has taken to the culture of the inside business track with an alarming zeal since he retired as our top taxman. First stop, he took the chair at Anglo. His performance there so pleased the insiders that he was offered the top job at Nama. Now Frank has been embraced into the dreaded 'NTMA family'.

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