The Project Eagle report, investigating the sale of Nama's Northern Ireland loan portfolio, has faced delays extending to April 30, costing €7.2 million. Despite government discontent, the Taoiseach has had to agree to 20 extension requests, starting from 2018. Over the years, each request has heightened costs and prompted regret from government officials. Recent memos have highlighted that refusing future extensions could dissolve the commission without providing findings for the substantial expenditure incurred, reflecting on ongoing operational frustrations within the investigation process.
The ongoing delays in releasing the Project Eagle report, now extended to April 30, have cost €7.2 million, reflecting repeated government pressures.
Despite continual requests for extensions, each justification has indicated the government's regret over the need for further delay and its financial repercussions.
#project-eagle #national-asset-management-agency #northern-ireland #government-inquiry #delays-and-costs
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