Ex-Nama official charged

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

Enda Farrell, 38, who has an address in Brussels in Belgium, faces 13 charges of intentionally disclosing information that he knew to be confidential Nama information, in May, June and July 2012.

Mr Farrell was brought before Dublin District Court on Monday. He was remanded on bail to appear again on September 22, when a book of evidence is expected to be served.

Six of the counts accuse Mr Farrell of disclosing confidential Nama information in May 2012 to two named men from investment company QED Equity Limited.

He is also accused of disclosing information relating to Nama’s German property portfolio to global wealth management and investment company, Cannacord Genuity Limited.

The charges are contrary to the 2009 Nama Act.