Business Irish

Saturday 21 April 2018

Nama's Daly gets Rwanda role

Nick Webb

Nick Webb

NAMA chairman Frank Daly had plenty on his mind last week, with revelations by Finance Minister Michael Noonan that he was conducting a major review of the State property behemoth.

There was also the bombshell that top Nama portfolio manager Donal Kelleher was jumping ship to join the new Irish residential property buyout fund, leading to real fears that the taxpayer was going to be disadvantaged as he takes his wealth of expertise over to the private sector.

But while these are teeth-gritting moments for the Nama chairman, it is very different to Daly's other role. He's Rwanda's man in Ireland.

"I was asked to become Honorary Consul for Rwanda in Ireland in 2010 following my retirement from the Revenue. The original connection with the country arose during my time in Revenue when we provided some training services to people from the Revenue Commissioners in Rwanda who came here to see how we managed our operations," Daly said last week.

"Of course, this week brings back the horrors of what happened 20 years ago and I attended a special service this week here in Dublin to mark the occasion. I have been very impressed with how the country has faced up to that situation and acknowledged the evil of what happened," he said.

Sunday Indo Business

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