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Noonan Rejects PAC Report On NAMA’s Northern Irish Loanbook

The Finance Minister’s refuting a finding by the Public Accounts Committee in a report on the sale of NAMA’s Northern Ireland loanbook.

PAC says Michael Noonan’s meeting with the winning bidders the day before the sale was agreed was “not procedurally appropriate.

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The Committee found the taxpayer lost out because NAMA’s sale process was seriously deficient.

Fine Gael members objected to the mention of Minister Noonan’s meeting.

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