Oireachtas Joint and Select Committees

Wednesday, 24 October 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Role and Functions of NAMA: Discussion

2:40 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I will not go into the Farrell case in any detail. However, I find one matter bizarre. NAMA engaged Deloitte to undertake a review of this case. Mr. Daly stated in his submission that Deloitte undertook a search of Mr. Farrell's e-mail account and uncovered evidence that confidential data may have been taken by him without authorisation from NAMA. Why, rather than referring this matter to the Garda Síochána immediately, did NAMA go to the High Court seeking an Anton Piller order to secure documents, communications and materials from Mr. Farrell? I assume NAMA was anxious to recover the data and information. I hope that in doing so, nothing was compromised. Surely it was a matter for the Garda Siochána when Deloitte discovered e-mails had been sent out?

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