Daly claims NAMA could have got better returns

Frank Daly's claims came after the chairman of the Public Accounts Committee lashed out at the Department of Finance – accusing it of interfering with its investigations.

The department has published new documents about the sale of the Northern Ireland loans – but only did so late last night, with a PAC meeting scheduled for this morning.

NAMA chairman Frank Daly says the blame for the cheap sale lies with Irish banks – and he's denied allegations of corruption made by deputy Mick Wallace.