Investors profiting from information leaks at Nama, claims Senator

A Fianna Fáil Senator has today alleged that sensitive information has leaked from Nama, resulting in the financial advantage of vulture funds and other investors.

Senator Daragh O'Brien has asked the Seanad for the Taoiseach, Finance Minister or Justice Minister to attend the Senate to comment on his allegations.

Senator O'Brien also said that wants to know if the Garda Commissioner has been asked to investigate what he claims is the disclosure of information that would allow people to profit.

“Information is being leaked from the National Asset Management Agency, and it is being given to vulture funds, and it is being given to other investors for advantage on them, financial advantage on them, and to them, to ensure that they are going to profit off the back of the taxpayers,” he said.

“And they’re going to profit and shut down viable businesses also.”

Nama later issued a statement, saying it is not aware of any evidence of impropriety.

"The Senator’s comments in the Seanad this afternoon suggest that he has evidence of impropriety involving staff members of NAMA," the statement read.

"He has not shared any such evidence with NAMA. Nor has NAMA received any such evidence from any other party.

"If the Senator or any other party has evidence of any impropriety, they are legally obliged, under Section 19 of the Criminal Justice Act 2011, to bring it to the immediate attention of the Garda Siochana. "

  • Click to stay connected with more stories like this
  • Sign up here to receive news by email. Once per day, no spam.

Most Read in Ireland