Here’s How 15 – John Lyons and Nama’s Project Eagle




Here's How ::: Ireland's Political, Social and Current Affairs Podcast show

Summary: NAMA’s Northern Ireland portfolio is named Project Eagle. The <a href="http://www.cerberuscapital.com/nama-announces-sale-of-northern-ireland-loan-portfolio/" data-wpel-link="external" target="_blank" rel="external noopener noreferrer">entire portfolio was sold</a> to <a href="http://www.cerberuscapital.com/" data-wpel-link="external" target="_blank" rel="external noopener noreferrer">Cerberus</a>. The ma<a href="https://web.archive.org/web/20091229035142/http://www.nama.ie/Publications/2009/LobbyingNAMA.pdf" data-wpel-link="external" target="_blank" rel="external noopener noreferrer">ximum sentence for lobbying NAMA</a> is six months in prison or a €1,000 fine.<br> <a href="http://www.thejournal.ie/anglo-trial-sentencing-1437992-Apr2014/" data-wpel-link="external" target="_blank" rel="external noopener noreferrer">Judge Martin Nolan said that it would be incredibly unjust to send the Anglo criminals  Pat Whelan and William McAteer to prison</a> for their part in a half-a-billion-euro illegal loan scam.<br> Under the US Foreign Corrupt Practices Act, <a href="http://www.gibsondunn.com/publications/pages/2014-Year-End-FCPA-Update.aspx" data-wpel-link="external" target="_blank" rel="external noopener noreferrer">major companies have been fined hundreds of millions of dollars</a>. The US Department of Justice <a href="http://www.irishtimes.com/business/financial-services/noonan-role-in-north-s-nama-portfolio-raises-questions-1.2363929" data-wpel-link="external" target="_blank" rel="external noopener noreferrer">served a subpoena on Cerberus</a> on 7 September 2015.<br> <a href="https://www.facebook.com/Cllr-John-Lyons-People-Before-Profit-Alliance-307796762696811/" data-wpel-link="external" target="_blank" rel="external noopener noreferrer">John Lyons</a> is the <a href="https://twitter.com/JohnLyonsPBPA" data-wpel-link="external" target="_blank" rel="external noopener noreferrer">People Before Profit councillor</a> for Beaumont-Donaghmede, and also their Dáil candidate in Dublin Bay North.<br>