Project Eagle Arguments Continue to Rage – Property Owners Insurance
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 have been arrested in Belfast.
The arrests have happened just before the BBC ‘Spotlight’ programme was going to reveal new information about the both men and their involvement in Project Eagle. The arrests have caused the cancellation of the programme, for legal reasons.
There has been much Political noise over the issue with Police and FBI involvement in the North and the USA. With the alleged sale of Property in an advantaged deal with substantial success payments, in the Republic, the government continues to deny any wrongdoing within NAMA.
For a full version of the events, particularly among the policticians, see