Noonan must give evidence to Stormont probe: Tóibín

Finance Minister Michael Noonan should give evidence to a Stormont inquiry into Nama’s sale of its Northern property empire, Sinn Féin has said.

Peadar Tóibín said the minister should not hide behind the border, but co-operate with the Belfast Assembly’s finance committee probe.

Mr Tóibín, who is to push in September for a Dáil commission of investigation into Nama and its dealings when the Oireachtas returns, said questions needed to be answered about the sale of Northern assets which he claimed lost the state €400m.

“Serious questions remain unanswered in relation to the sales process of Nama’s Northern loan book. Minister Noonan and his department have a role to play in the inquiry being undertaken by the North’s Finance Committee and I am calling on him to give full co-operation to that inquiry and to make himself and his department officials available to the committee.

“His failure thus far to give any sort of co-operation to the committee is unacceptable. He cannot simply close his eyes and pretend the inquiry is not happening.

“I also want to put the Minister and the government on notice that Sinn Féin will be bringing forward a private members’ motion in September to call for a full commission of investigation into Nama and its dealings both on the Northern loan book sales process and its broader operations,” he said.

The Northern Nama deal is being investigated amid claims an off-shore account was set-up to benefit a Northern politician or party.


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