NAMA to respond to criminal activity claims

//NAMA to respond to criminal activity claims

NAMA to respond to criminal activity claims

NAMA has accepted an invitation from the Dáil’s Public Accounts Committee to appear before it tomorrow at 11am. 

PAC Chairman John McGuinness has asked representatives of NAMA to come before the committee to respond to allegations of criminal activity at NAMA.

Yesterday, a NAMA spokesman confirmed it reported a second former employee to gardaí for allegedly sharing information unlawfully.

A separate investigation into a former employee is at an advanced stage, according to gardaí. 

NAMA indicated to the committee this morning that it was anxious to be afforded a public opportunity to address these allegations.

The Chairman and Chief Executive of NAMA will attend the meeting tomorrow.

A spokesman for NAMA said: “We are very grateful to the Chairman and to the members of the Committee for affording us this opportunity to meet with them at such short notice.

“We consider the PAC to be the most appropriate forum to address these matters”.  

Fine Gael TD John Deasy said it is very significant that NAMA should be given an opportunity to respond to the committee immediately while these allegations are ongoing.

He said that a lot of people out there would like to see NAMA damaged and they need to be given the opportunity to come in.

He said that today there is an issue in the papers with regard to undervaluing loans.

He asked the Comptroller and Auditor General if he has looked at this issue and if he found anything.

The C&AG said that overall it is difficult to see how across the portfolio that there would have been underpayment.

He said that the whole valuation process was assessed by the European Commission and it is difficult to see how there could have been any undervaluing.

RTÉ News – News Headlines

By | 2013-12-19T14:27:42+00:00 December 19th, 2013|Headlines|0 Comments