Wilson: Northern Ireland must be consulted on Nama…

H/T to Fin… I heard this on Radio Ulster earlier, but I was in such a rush I didn’t time to properly listen… Sammy Wilson wants to be consulted on the Nama legislation… Why?

In April the Republic’s communications minister Eamon Ryan April said he believed about 15% of the bad loans Nama planned to buy would come from Northern Ireland, though some observers believe that estimate is on the high side.

Speaking after Tuesday’s meeting Mr Wilson said: “Nama will obviously have some influence over the management and possible disposal of significant assets located within Northern Ireland, most notably land and development assets.”

“It is imperative that this management adopts a prudent and considered position to ensure the long-term interests of the Northern Ireland economy, and indeed that of the Republic of Ireland, are protected.”


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