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Nama deal: McGuinness denies claim he knew of failed Pimco bid | Nama deal: McGuinness denies claim he knew of failed Pimco bid |
(34 minutes later) | |
The deputy first minister has disputed being "briefed and engaged" with a failed bid by US investment firm Pimco to buy Northern Ireland property loans. | The deputy first minister has disputed being "briefed and engaged" with a failed bid by US investment firm Pimco to buy Northern Ireland property loans. |
Martin McGuinness has taken issue with former Finance Minister Simon Hamilton. | Martin McGuinness has taken issue with former Finance Minister Simon Hamilton. |
According to documents, Mr Hamilton told the Republic of Ireland's National Assets Management Agency (Nama) that Mr McGuinness was across the proposal. | |
Pimco made an unsolicited offer for Nama's Northern Ireland loan portfolio in late 2013. | Pimco made an unsolicited offer for Nama's Northern Ireland loan portfolio in late 2013. |
Minutes of two telephone calls between Nama chairman Frank Daly and Mr Hamilton have been released by Nama. | Minutes of two telephone calls between Nama chairman Frank Daly and Mr Hamilton have been released by Nama. |
In December 2013, Mr Hamilton is said to have "confirmed the deputy first minister was aware of the interest with updates provided by the first minister". | In December 2013, Mr Hamilton is said to have "confirmed the deputy first minister was aware of the interest with updates provided by the first minister". |
In January 2014, Mr Hamilton, according to the Nama minutes, told Mr Daly the first and deputy first ministers were "fully engaged" with the bid. | In January 2014, Mr Hamilton, according to the Nama minutes, told Mr Daly the first and deputy first ministers were "fully engaged" with the bid. |
A Sinn Féin spokesperson said: "Mr McGuinness refutes any claim he was fully briefed and engaged with the proposed sale… as suggested by the former Minister Hamilton." | A Sinn Féin spokesperson said: "Mr McGuinness refutes any claim he was fully briefed and engaged with the proposed sale… as suggested by the former Minister Hamilton." |
It is not the first time Mr McGuinness has contested claims by the Democratic Unionist Party about his knowledge of events in the run-up to the Nama loan sale. | It is not the first time Mr McGuinness has contested claims by the Democratic Unionist Party about his knowledge of events in the run-up to the Nama loan sale. |
He said he did not know of a memorandum of understanding agreement with Pimco sent by the first minister's office to Nama. | He said he did not know of a memorandum of understanding agreement with Pimco sent by the first minister's office to Nama. |
He has also said he was unaware of meetings Peter Robinson had with Pimco and Cerberus Capital Management, the eventual buyer of the £1.3bn portfolio. | He has also said he was unaware of meetings Peter Robinson had with Pimco and Cerberus Capital Management, the eventual buyer of the £1.3bn portfolio. |