What Did NAMA Achieve Anyway?
25 May - 19 minsSeventeen years after the financial crash, one of the most powerful institutions created in its aftermath is coming to an end.
NAMA — set up to take toxic property loans off the banks and stabilise the economy — says it returned billions to the State and helped rebuild parts of Dublin.
But critics argue assets were sold too cheaply, developers were shut out, and international funds walked away with huge profits.
So, was NAMA a necessary fix at a moment of crisis, or did it reshape Ireland’s property market in ways we’re still dealing with today?
Ciara is joined by Daniel McConnell, editor of the Business Post.