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Nama contacting gardaí after alleged breach of confidential data
on 12/09/2012 14:55:53
The matter concerns the purchase of a Nama property by a then-employee of Nama.
An investigation carried out by Deloitte on behalf of Nama found that the purchase was a breach of its procedures as the former employee did not disclose the transaction to the agency.
During the course of the investigation, Nama became aware that confidential data may have been taken by the former employee.
As a result, Nama was granted court permission to search the employee's residence and retrieve data from the defendant's computers.
"NAMA is currently analysing the data recovered from the defendants," said a statement from Nama released today.
The matter has now been brought before the Commercial Court.
"The Board of Nama is currently reviewing the Deloitte findings in full and will consider whether there are any changes required to Nama's comprehensive compliance procedures," said the Nama statement.
The statement later continued: "Nama board and management regard any data breach with the utmost concern.
"As a criminal offence under Section 202 of the NAMA Act 2009 may have been committed, Nama is reporting the circumstances of the removal of its confidential information to the gardaí.
"A report has also been made to the Office of the Data Protection Commissioner."