There is a rigorous appointment process regarding officers of NAMA by the NTMA, which fully deals with any actual or potential conflicts of interest. It is a condition of assignment as an officer of NAMA that there is no material conflict of interest. Each employee of NTMA assigned as a NAMA Officer has to complete a statement of assets, liabilities and interests where all matters are disclosed.
Furthermore, the NAMA legislation provides safeguards in the event of conflicts of interest arising after appointment to NAMA. Sections 22 and 40 of the NAMA Act 2009 provide that the Minister may remove an appointed member of the Board or the CEO if he considers a material conflict of interest has arisen. Section 43 of the Act provides that the CEO may suspend an officer of NAMA if in his opinion a material conflict of interest has arisen.
In light of these safeguards I am confident that NAMA will deal with any potential conflict of interest in an appropriate manner.