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Ó Muilleoir challenges Hamilton to appear before NAMA inquiry

1 October, 2015


Sinn Féin MLA Máirtín Ó Muilleoir has called on former Finance Minister Simon Hamilton to appear before the Assembly’s Finance Committee’s inquiry into the sale of NAMA’s northern portfolio.

Máirtín Ó Muilleoir said:

"I welcome Simon Hamilton breaking his silence on the issue of the sale of NAMA's northern loan portfolio. 

"Hopefully this signals a willingness to help shed light on an important issue of public interest.

"There is a paper trail, which shows clearly that the Deputy First Minister Martin McGuinness was excluded from a number of meetings on the sale of NAMA’s northern portfolio.

"There is also a so-called Memorandum of Understanding, which was sent to the Finance Minister in Dublin, which wasn’t agreed or consented to by Martin McGuinness or brought before the Executive.

"Martin McGuinness appeared before the Finance Committee last week and referenced the conference call to Michael Noonan.

"Martin McGuinness has also agreed to appear before the Public Accounts Committee in Dublin.

"DUP Finance Ministers Simon Hamilton and Sammy Wilson have yet to agree to go in front of the committees to detail their meetings with Irish government ministers or detail any contact with PIMCO or Cerberus.

"We now know that PIMCO’s bid included a £15 million fixers fee, and the Cerberus bid led to £7.5 million being lodged in a bank account in the Isle of Man. 

"Simon Hamilton would have more credibility on the issue if he would agree to appear before the Assembly’s Finance Committee's inquiry into the events leading up to the sale as Martin McGuinness has done and as his own party leader has agreed to do. 

"There is also a responsibility on the Minister of Finance and Personnel to fully cooperate with the committee inquiry and all documentation relating to the Pimco, Fortress and Cerberus bids and all matters relating to the NAMA sale should be made available to the inquiry.”

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