Friday 20 October 2017

Transparency is the clearest way for NAMA to keep public onside

The Treasury Building where NAMA is based
The Treasury Building where NAMA is based
Richard Curran

Richard Curran

A lack of transparency at the heart of Nama's commercial operations may be coming back to haunt the state agency.

Allegations that at least two former officials leaked highly sensitive information are potentially very damaging.

Nama is a commercial organisation but with a difference. It is a lender, a borrower, a joint venture partner, a buyer of assets and a seller. There is an inevitability that perhaps one of its officials would cross a line and leak to bidders some of the myriad of confidential information contained inside the walls of the NTMA building where Nama is based.

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