Nama Strongly Denies Allegations Of Leaked Information


The chief executive of NAMA has strongly denied allegations that the agency leaked sensitive information about some developers.

Brendan McDonagh has also utterly rejected claims that the agency deliberately undervalued some of the loans on its books.

He says the agency has never even held some of the sensitive information about developer Paddy McKillen which the developer claims were leaked.

He says NAMA is the target of a deliberate campaign by vested interests, but that the agency will not allow itself to be smeared.

“Unfortunately in every walk of life there are bad eggs – but thankfully in our case they have been few” he said.

“The culture in NAMA is that there is no tolerance for anybody not performing their role honestly and professionally”.

“Chairman, we will not be deflected from our important work that we’re doing on behalf of the Irish taxpayer” he added.

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