Two men are to be charged with fraud relating to the sale of NAMA’s Northern Ireland loan book.

Two men are to be charged with fraud relating to the sale of NAMA’s Northern Ireland loan book.
The charges are being brought by Northern Ireland’s Public Prosecution Service against a 78-year-old man and a 49-year-old man, following an investigation of the deal known as Project Eagle.
The two face a joint charge of fraud involving a false representation made on or around the 3rd April 2014.
The 78-year-old also faces a separate fraud charge. Meanwhile the 49-year-old faces two further fraud charges, and one charge relating to the concealing of criminal property.
The decision follows an investigation into Project Eagle, NAMA’s portfolio of Northern Ireland loans which it sold to US fund Cerberus for £1.3 billion in 2014.