You may recall how Taoiseach Enda Kenny has repeatedly rebuffed calls from various TDs for a Commission of Investigation into Nama’s sale of its northern Ireland portfolio, Project Eagle.
The calls came after two men were arrested in Co. Down on May 31 in relation to the sale and later released pending further inquiries.
Earlier this month, in the Dáil, Mr Kenny said, “Nobody has presented me with evidence of wrongdoing by Nama in this jurisdiction” and, on another occasion, Mr Kenny said: “Nama has done nothing wrong”.
Just last week, Mr Kenny stated: “I am informed that this loan sell was executed in a proper manner. Despite all the comments and allegations, there are no claims of wrongdoing against NAMA.”
Further to this…
Frank Connolly, in Village magazine, reports:
The arrest of two men in connection with the criminal investigation into the sale of Project Eagle, the single largest disposal of Irish state assets, has discharged a seismic shock through the establishment, north and south.
…Ronnie Hanna, a former head of asset management at NAMA in Dublin and Frank Cushnahan, a former member of the agency’s Northern Ireland Advisory Committee were arrested by police who also seized documents and computers during raids on a number of properties in Belfast.
Village has learned that the arrests came just days before the BBC ‘Spotlight’ programme was due to reveal fresh information concerning the role of both men in the Project Eagle saga.
The arrests of the two men by the NCA forced the cancellation of the programme, for legal reasons.
On Thursday, 2nd June, the Irish News reported that Hanna and Cushnahan had been arrested two days earlier by the National Crime Agency (NCA) and were being released on bail “pending further enquiries”.
It was the only news organisation to identify those arrested although, in its report, the Irish Times mentioned the pair as having been previously named in the Dáil by Mick Wallace in connection with the Project Eagle controversy.
… It is utterly wrong to say there is no allegation of wrongdoing against NAMA, when a central figure to its Dublin operation has been arrested, in the North.
The figleaf the Taoiseach and Michael Noonan sought, that there was no taint on the southern operation, has now been blown out of the water.
Pics: Irish News