Billy Timmins (Wicklow, Fine Gael) | Oireachtas source

I will refer to three issues briefly. It is important to realise that we all want NAMA to succeed. The question is to try to ensure we protect the interests of the taxpayer and the State in the process. Mr. Daly noted that 500 NAMA staff work out in the institutions or are based in the institutions. Can we have a breakdown of these staff? For example, how many personnel are in the NAMA unit in the Irish Bank Resolution Corporation, IBRC? Is NAMA satisfied with the service it is getting from the main players, including IBRC, AIB, Bank of Ireland and any other financial institution? Does NAMA have any service level agreements with these institutions? Are some of the units in the institutions more efficient than others? Has NAMA had any reason in recent times to voice concern to the institutions at the co-operation or efficiency of any of the units?

One important factor for success in banking and financial services is confidentiality. My understanding from reading newspapers in recent months is that some business plans belonging to some of the people NAMA is dealing with may have been leaked to the media.

I am not referring to the two cases mentioned. One newspaper, in particular, carried a few stories. It appears that the business plans submitted to NAMA have been leaked. I ask the delegates to comment and say whether an internal investigation is being undertaken to determine how this information was made public. It is very difficult to see how NAMA can succeed if people do not have confidence that business plans will be confidential. It was stated Ernst & Young was one of the ten recipients of the information from Mr. Farrell. Who were the other nine recipients?