Oireachtas Joint and Select Committees

Wednesday, 16 December 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Operations and Functioning of NAMA: Discussion

2:30 pm

Mr. Frank Daly:

-----on the basis that correspondence published by the committee for finance and personnel in Northern Ireland in the context of its inquiry and in evidence that was given - the public transcript of which was put on that site in November but I do not have the precise date - it was alleged that a former member of the Northern Ireland committee had a shareholding in a company which was connected with NAMA at one stage. When we became aware of that, I wrote to that former member of the Northern Ireland committee on 19 November asking his view on whether this was correct and if it was correct, why he did not declare it as is required under the conflicts of interest and SIPO legislation to NAMA. That is the letter of 19 November in respect of which I sent a reminder yesterday. We have been over this ground.