A former official with the National Asset Management Agency (Nama) who is facing jail for leaking potentially commercially sensitive information told investigators he thought he was advancing the interests of the agency.

A former Nama official has admitted passing on confidential information relating to various loans and property portfolios.

Nama was the €72bn missing elephant of the election campaign, writes Political Editor

A former Nama official accused of disclosing confidential information has failed to appear before court to enter a plea.

A former Nama official has been served with a book of evidence and returned for trial accused of leaking confidential information.

A former official of the National Asset Management Agency has been before Dublin District Court charged with disclosing confidential agency information to third parties.

It’s been a bruising few years for the agency and it’s not over yet, writes Business Correspondent John Walsh.

Nama has generated €16.5bn in cash and redeemed €7.5bn of senior bonds since it was established in 2009, according to its 2013 end-of-year statement.

Nama is not interested in the personalities behind loans and the decision to sell Patrick McKillen’s loans to the Barclay brothers was taken on a purely commercial basis, the agency’s CEO has claimed.

A former senior executive at NAMA has alleged widespread breaches of the law within the agency on the issue of confidentiality and commercially sensitive information worth millions.

Nama is seeking orders requiring former executive Enda Farrell and his wife to pay the legal costs of proceedings brought over his alleged “extensive” misappropriation of highly confidential data from the agency.

Nama insider Enda Farrell did not buy his €410,000 home in Sundays Well, Lucan, below value, according to an internal Nama investigation.

The National Asset Management Agency has made further progress in identifying the recipients of highly confidential data, allegedly misappropriated from it by former executive Enda Farrell, the commercial court was told yesterday.

Nama became aware that confidential data had been misappropriated by one of its employees, Enda Farrell, on Aug 12 but the agency did not notify the gardaí for another month, its chairman, Frank Daly, told the Oireachtas committee on finance.

The National Asset Management Agency (Nama) has today stated that the total cash generated from asset disposals and loan repayments now stands at €9.5bn – up from €8bn at the end of June.

NAMA has been given more time by the Commercial Court to investigate one of their former executives for allegedly taking confidential information from the agency.

The practice of Nama privately selling assets without putting them on the open market “stinks”, according to Fianna Fáil finance spokesman Michael McGrath.

Confidential details of Nama’s loan and property portfolios worth billions of euro were leaked by a former employee, the High Court heard yesterday.

Nama has been urged to publish full details of its property portfolio and all sales transactions to date.

Nama has confirmed that it is investigating the facts of a property transaction involving one of its former employees; but has said it has no initial concerns over the price paid.

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