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Nama inquiry: Jamie Bryson claims Peter Robinson was to receive payment Nama inquiry: Jamie Bryson claims Peter Robinson was to receive payment
(35 minutes later)
An inquiry has heard an allegation that Northern Ireland's first minister was to receive a payment upon completion of NI's biggest property deal.An inquiry has heard an allegation that Northern Ireland's first minister was to receive a payment upon completion of NI's biggest property deal.
Peter Robinson has previously denied he was to receive any payment or benefit as a result of the deal. DUP leader Peter Robinson has previously denied he was to receive any payment or benefit as part of the deal.
The £1.2bn sale was of a portfolio of property loans to US investment firm Cerberus by Nama - the Republic of Ireland's "bad bank". The £1.2bn sale was of property loans to US firm Cerberus by Nama - the Republic of Ireland's "bad bank".
The allegations were made at a hearing of Stormont's finance committee. The claims were made at Stormont's finance committee by loyalist blogger Jamie Bryson.
Loyalist blogger Jamie Bryson told the committee that the money was paid into an Isle of Man bank account controlled by Belfast solicitors firm, Tughan's. Mr Bryson told the committee that the money was paid into an Isle of Man bank account controlled by solicitor Ian Coulter .
Mr Bryson said the other beneficiaries were to be solicitor Ian Coulter, accountant David Watters, ex-Nama advisor Frank Cushnahan and developer Andrew Creighton. He said the other beneficiaries were to be Mr Coulter, accountant David Watters, ex-Nama advisor Frank Cushnahan and developer Andrew Creighton.
Nama: The key figures and background you need to knowNama: The key figures and background you need to know
Timeline of Nama's NI property dealTimeline of Nama's NI property deal
Earlier, Deputy First Minister Martin McGuinness told the committee there were "very serious questions" about what capacity First Minister Peter Robinson was acting in with regard to the Nama loan sale. In July, a politician in the Irish parliament alleged that £7m was to be channelled to a bank account that was "reportedly earmarked for a Northern Ireland politician".
Mr McGuinness said he was not told about meetings and contacts between Nama, bidders for its NI portfolio and DUP ministers. That has led to a number of inquiries, including a criminal investigation led by the National Crime Agency.
The BBC has established that money in an Isle of Man bank account was intended to facilitate payments to deal-fixers.
The money was in an account controlled by Ian Coulter, a former managing partner at Belfast law firm Tughan's.
He left the company in January and has said the money was fees for work he did on the deal.
Mr Coulter said the cash was moved to the Isle of Man for "a complex, commercially and legally-sensitive" reason.
He added that no politician, nor any relative of any politician, was ever to receive any money from the deal.
The money was retrieved by the firm, which reported the transaction to the Law Society.
Earlier, Deputy First Minister Martin McGuinness told the committee there were "very serious questions" about what capacity Mr Robinson was acting in with regard to the Nama loan sale.
The Sinn Féin assembly member said he was not told about meetings and contacts between Nama, bidders for its NI portfolio and DUP ministers.