David Drumm, the former Anglo Irish Bank chief executive, remains in custody ahead of an extradition hearing in Massachusetts tomorrow.
Mr Drumm was detained after an extradition request was sent by Irish authorities to the US Department of Justice, seeking his return to Ireland to face criminal charges.
"He will remain in custody until his hearing in federal court in Boston on Tuesday. I cannot provide further information at this time," said a spokesperson for the US Attorney in Boston, speaking to The Irish Times on Saturday.
This could be a lengthy extradition process and Mr Drumm is not guaranteed to be entitled to be granted bail.
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Comments made by Frank Daly, National Asset Management Agency (NAMA) chairman while speaking at a dinner in Dublin are quoted in the Irish Independent today - he said that he "does not understand the view" that the buyers of NAMA properties should not make profits on these investments.
Speaking at the International Corporate Restructuring Summit, he added that it is the view "of a small [number] of people" that the agency should "hold onto everything forever because you can never be sure that you will never get the actual maximum value."
He continued: "You'll get a lot of this comment about NAMA selling this property in 2010, 2011, etc, and now someone is turning a profit on it, but if you look behind it they are referring to about five or six individual properties, they forget about the rest of the 40,000 assets that were sold."
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Employer group, IBEC will publish its Quarterly Economic Outlook today, it forecasts that the Irish economy will grow by 5.9% in 2015.
“Significantly, the economy is set to expand in value terms by an unprecedented €20 billion, 11 percent, during 2015, leading to a rapid improvement in Ireland’s debt and deficit positions,” the report says.
It says that Ireland's deficit will fall to €3.5bn - well below the €4.6bn target set in last year's budget. At 1.7% of Ireland's GDP this is also comfortably within the 2.9% limit set by the EU.
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The EU referendum argument will start to feel a little more real today as the "In" team unveils its full campaign panel under the banner "Britain stronger in Europe."
After months of shadow boxing, the announcement that Lord Rose, the former boss of Marks & Spencer, is to chair the "In" campaign's board means the argument can begin in earnest.
The "Britain stronger in Europe" launch event today is designed to demonstrate that the campaign is drawing on support from across parties and all walks of life.
Among those individuals recruited to the cause are Sir Peter Wall, the former chief of the general staff, TV presenter June Sarpong and businesswoman Karren Brady.
Additional reporting by IRN
