FF Senator calls for Kenny statement on NAMA corruption

[BoyRacer]

Fianna Fáil Senator calls for Kenny statement on NAMA corruption claims - → rte.ie/news/2013/1216/493239-senator-nama/

Fianna Fáil Senator Darragh O’Brien has called for Taoiseach Enda Kenny, Minister for Finance Michael Noonan or Minister for Justice Alan Shatter to come to the Seanad and clarify if Garda Commissioner Martin Callinan has been asked to carry out an investigation into corruption and impropriety in NAMA.

Speaking in the Seanad, Senator O’Brien said he is in receipt of information that in his view would rock the foundations of National Asset Management Agency to the core.

He said it is so serious it could undermine NAMA, the property sector and our financial sectors.

He referred to allegations made over the last few years regarding how some NAMA staff, former NAMA staff used information they got during their time in NAMA.

He suggested that information has been leaked to third parties and vulture funds to confer a financial advantage on them to ensure they are going to profit on the back of taxpayers and they are going to shut down viable businesses.

source

[fishfoodie]

@Barney Gumble

If there’s one thing Fianna Failers hate, it’s corruption they aren’t involved in.

Anything to get the focus off CRC

[BlameGame]

I’m intrigued at this.

rte.ie/news/business/2013/12 … r-ff-nama/

Meanwhile, a spokesman for the gardaí said he could confirm that it had received a complaint lodged by NAMA in relation to a former employee.

He added that the investigation is at an advanced stage and it would not be prudent to comment further.

In his comments in the Seanad, Mr O’Brien said the information he had was so serious that could undermine NAMA, the property sector and the country’s financial sectors.

He referred to allegations made over the last few years regarding how some former NAMA staff used information they got during their time in the agency.

He suggested that information has been leaked to third parties and vulture funds to confer a financial advantage on them, which would ensure they could profit on the back of taxpayers and, in the process, shut down viable businesses.

This bit really annoys me. Probably some local gombeen in his constituency with 6 spar shops and lots of deep underwater development land tried to refinance at a much reduced loan principal and NAMA told him to f**k off.

Viable businesses don’t get shut down. If they’re viable they re-emerge.

[yoganmahew]

@Gameblame
I think the complaint already in progress is in the public domain? It’s the fellow who bought the house on the banks of the Liffey, no?

As to your second point… I reckon you have it in one.

[BlameGame]

@yoganmahew

@Gameblame
I think the complaint already in progress is in the public domain? It’s the fellow who bought the house on the banks of the Liffey, no?

As to your second point… I reckon you have it in one.

I’d be guessing its something new. We’ll see. Or rather we probably won’t.

[gaius]

The cheek of Zanu FF bagging the agency that they set up in the first place.

[lombardox]

Or “Pot calls for kettle to issue statement on blackness.”

[orienlair]

@yoganmahew

@Gameblame
I think the complaint already in progress is in the public domain? It’s the fellow who bought the house on the banks of the Liffey, no?

As to your second point… I reckon you have it in one.

They may re emerge, but there have been allegations against Ulster Bank of foreclosing unnecessarily. These things are all in the eye of the beholder, but it’s not a unique criticism. Of course Nama is so protected by this Gvt and the last that it’s impossible to really know what goes on there.,