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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. |
DUP leader Peter Robinson has previously denied he was to receive any payment or benefit as part 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 property loans to US 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 claims were made at Stormont's finance committee by loyalist blogger Jamie Bryson. | The claims were made at Stormont's finance committee by loyalist blogger Jamie Bryson. |
Mr Bryson told the committee that the money was paid into an Isle of Man bank account controlled by solicitor Ian Coulter. | |
He said the other beneficiaries were to be Mr 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 know | Nama: The key figures and background you need to know |
Timeline of Nama's NI property deal | Timeline of Nama's NI property deal |
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". | 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". |
That has led to a number of inquiries, including a criminal investigation led by the National Crime Agency. | 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 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. | 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. | He left the company in January and has said the money was fees for work he did on the deal. |
'Scrutiny' | |
Mr Coulter said no politician, nor any relative of any politician, was ever to receive any money from the deal. | |
He added that the cash was moved to the Isle of Man for "a complex, commercially and legally-sensitive" reason. | |
The money was retrieved by the firm, which reported the transaction to the Law Society. | The money was retrieved by the firm, which reported the transaction to the Law Society. |
Earlier on Wednesday, 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. | Earlier on Wednesday, 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. | The Sinn Féin assembly member said he was not told about meetings and contacts between Nama, bidders for its NI portfolio and DUP ministers. |
The committee's deputy chairman, Dominic Bradley of the SDLP, said Mr Robinson must appear before the inquiry "to submit himself to the scrutiny". | |
Who is Jamie Bryson? | |
Jamie Bryson first came to public prominence during loyalist protests against Belfast City Council's decision in December 2012 to limit the number of days that the union flag flies from the city hall. It had previously been flown all year round. | |
Some of the demonstrations resulted in violence, | |
Earlier this year, Mr Bryson was found guilty of taking part in unlawful public processions as part of the widespread demonstrations. He received a six-month suspended sentence. | |
Although he was not involved in violence, a judge said the unlawful marches caused disorder at a "very tense and sensitive time". | |
He previously stood as an independent candidate in the 2011 local government election, receiving 167 votes in North Down. |