Friday 19 January 2018

Director of Anglo vets NAMA job applicants

Sam Smyth

A DIRECTOR of Anglo Irish Bank is on a three-man team recruiting senior executives for the National Asset Management Agency (NAMA).

Maurice Keane, who sits on the board of Anglo, vets potential bosses for NAMA -- even though his own bank will be NAMA's biggest loan defaulter.

The Irish Independent has learnt that Mr Keane sits on an interview board with the chief executive of NAMA Brendan McDonagh and John Corrigan, chief executive of the National Treasury Management Agency.

Fine Gael frontbench spokesman Dr James O'Reilly yesterday strongly criticised Mr Keane's position.

"Recent events at the DDDA confirm the problem that exists with an overlapping elite at the top of business, banking and politics," said Dr O'Reilly.

Sources at NAMA denied any conflict of interest, and said Mr Keane was invited on to the board of Anglo to help clean up the mess at the bank -- and this aim was a common goal with NAMA. "Maurice Keane has assisted the agency with some senior appointments as a member of a preliminary interview panel," said a spokesman.

"He was not a member of the final selection committee."

Irish Independent

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