NAMA chief denies its key adviser has conflict of interest

THE head of NAMA has denied that one of its key advisers has a conflict of interest because of links to a company valuing properties for the agency.

NAMA chief executive Brendan McDonagh yesterday admitted property adviser John Mulcahy had been a managing director of US-listed group Jones Lang LaSalle.

The company is one of the five main national valuers to NAMA.

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