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Nama not doing 'what it was designed for'

The man credited with inventing NAMA says it's not doing the job it was designed to do. Dr Peter Bac...
TodayFM
TodayFM

10:57 AM - 4 Mar 2015



Nama not doing 'what it wa...

News

Nama not doing 'what it was designed for'

TodayFM
TodayFM

10:57 AM - 4 Mar 2015



The man credited with inventing NAMA says it's not doing the job it was designed to do.

Dr Peter Bacon says the agency has focused more on chasing debts than on increasing the value of its investments.

Dr Bacon is giving evidence at the Oireachtas banking inquiry this morning.

He says NAMA hasn't done enough to increase the value of the assets it's taken over from banks:



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