Whoa! Averaging 66,000 Unique Weekly Readers! 


McKay calls for NAMA to appear before Assembly Finance Committee

1 Mins read

Sinn Féin MLA Daithí McKay has said NAMA should respect the function of the Assembly Finance committee to ensure probity in all financial transactions that could undermine public confidence.

Mr McKay said;

“NAMA have many questions to answer in connection to how and when it became aware of the involvement of Frank Cushnahan in the sale of its northern property portfolio more than two years ago.

“It is therefore incumbent on it to make itself available to answer those questions before the Assembly Finance Committee.

“The sale of NAMA’s portfolio did not just have an impact on the southern taxpayer. It has seriously undermined and damaged public confidence in the North’s property market.

“It has created the impression that some of those who were responsible for much of the economic misery inflicted on the population seem to have received special consideration.

“I can see no justification for NAMA’s reluctance to appear before our committee unless it is intent on giving cover to those who may be guilty of financial wrongdoing.

“Therefore in the interests of openness and transparency I would once more call on NAMA to accept our invitation to appear.

“It is clear that a Commission of Investigation is needed to establish the full facts of the events leading to the NAMA sale but in the meantime there are immediate questions that the Assembly Committee requires responses to.”

Digital Editorial Team
12623 posts

About author
An article that is attributed to the Causeway Coast Community Team has either involved multiple authors, written by a contributor or the main body of content is from a press release. Got a news-related tip you’d like to see covered on Causeway Coast Community? Email us - [email protected]
Related posts

12 arrests and three vehicles seized following Joint Agency Task Force Operation

1 Mins read
Officers from the Police Service of Northern Ireland were part of a cross border Joint Agency Task Force operation that took place…

Woman 'confirms involvement' in hoax bomb alert at Armoy

1 Mins read
A WOMAN with a Stranraer address has “confirmed” involvement in a hoax bomb alert in Armoy in 2019, Coleraine Magistrates Court, sitting…
BusinessLocal NewsNews

Dodds announces new support scheme for large tourism and hospitality businesses

2 Mins read
Economy Minister Diane Dodds today unveiled details of a new £26.1m support scheme for larger hospitality and tourism businesses that have been…

Leave a Reply

Your email address will not be published. Required fields are marked *