Lorraine Higgins (Labour) | Oireachtas source

Last May and June I raised two issues in this House relating to practices prevailing at the National Asset Management Agency. One of these was the need for NAMA to review its contracts of employment to prevent the valuable information gleaned by employees of the agency being utilised by them immediately after ceasing employment. In highlighting this issue I referred to a particular individual who left NAMA and immediately took up employment with a property company in the United Kingdom where he is now a partner. This situation significantly undermines NAMA's ability to recover the optimal amount for its assets and the best return for the Irish taxpayer, given that the individual in question would be privy to information on property valuations, loan amounts and the amount NAMA might accept for any individual property. The person to whom I refer tried to silence me by ringing my office and leaving a message on my answering machine in which he threatened me with legal action if I mentioned him again in the House in reference to this issue.

I wonder what he fears, in light of what emerged yesterday. I also highlighted the fact that I have damning information about this same former employee, Paul Hennigan, of NAMA-----