Prominent solicitor Ian Coulter denies fraud over NAMA deal
Belfast solicitor Ian Coulter, former head of one of Northern Ireland’s largest commercial law firms, has denied fraud offences linked to the sale of NAMA’s Northern Ireland property loan book in 2014.
The Public Prosecution Service (PPS) yesterday announced that Mr Coulter, 49, and businessman Frank Cushnahan, 78, would face charges connected with the controversial sale, which became the centre of a major political scandal in 2015.
Solicitor John Finucane, representing Mr Coulter, said: “Today the PPS have confirmed that Mr Coulter will face a total of five charges arising out of the sale of the NAMA loan book, known as Project Eagle.
“This follows a police investigation which has lasted in excess of five years. My client now enters into what will undoubtedly be a lengthy court process lasting years, where he will maintain his innocence to the offences alleged, as he has throughout this drawn out process.”