Former NAMA official charged with disclosing confidential informationTuesday 29 July 2014 22.57
A former official of the National Asset Management Agency has been before Dublin District Court charged in connection with disclosing confidential agency information to third parties.
Enda Farrell, 38, and 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 yesterday.
He was remanded on bail to appear in court again on 22 September, 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.
The information related to the Cosgrave Group and The Harcourt/Pat Doherty Group.
He is also accused of disclosing information relating to NAMA's German property portfolio to global wealth management and investment company, Cannacord Genuity Limited.
Mr Farrell is further accused of disclosing information about Paddy McKillen's loans, hotels in NAMA, and NAMA valuations of Anglo Irish Bank properties to QED Equity limited in June and July 2012.
He is accused of disclosing information relating to the Lexeme Retail Property Portfolio and the O'Flynn Group/Tiger Developments again to QED Equity Limited in July 2012.
The charges are contrary to the 2009 NAMA Act.