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.

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. "

more courts articles

Former DUP leader Jeffrey Donaldson arrives at court to face sex charges Former DUP leader Jeffrey Donaldson arrives at court to face sex charges
Case against Jeffrey Donaldson to be heard in court Case against Jeffrey Donaldson to be heard in court
Defendant in Cobh murder case further remanded in custody Defendant in Cobh murder case further remanded in custody

More in this section

Number of Catholic marriages fall in 2023 with almost a third opting for civil ceremonies Number of Catholic marriages fall in 2023 with almost a third opting for civil ceremonies
Five charged as garda commissioner condemns 'unacceptable scenes' at Newtownmountkennedy Five charged as garda commissioner condemns 'unacceptable scenes' at Newtownmountkennedy
Gardaí at scene of fire at disused property in Co Wicklow Gardaí at scene of fire at disused property in Co Wicklow
War_map
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited