Friday 20 April 2018

Ronald Quinlan: Despite €2bn investment promise Nama remains coy on any details

Did the timing of chairman Frank Daly's speech have any connection with the C&AG's warning, wonders Ronald Quinlan

WHEN it comes to Nama, it's all too easy to be cynical. What makes it easier still though are the public relations stunts it resorts to every time it finds its activities coming in for scrutiny.

Take the events of the past week as a case in point.

Last Wednesday, RTE Radio 1's Morning Ireland was wall-to-wall with Nama chairman Frank Daly telling the nation about the agency's big plans to invest €2bn on construction projects in Ireland between now and 2016, creating up to 35,000 direct and indirect jobs in the process.

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