Nama leak puts billions of euro at risk

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

Gardaí have been alerted after it emerged details of every loan acquired by Nama were allegedly sent by Enda Farrell to his wife and other parties involved in property management and investment. Mr Farrell now works for a global property investment firm.

Nama yesterday took legal proceeding against Mr Farrell and his wife, Alice Kramer, fearing the data “in the hands of others” could be commercially damaging to the agency and the public.