Cardiff: Korean diplomat offered advice on Nama

Kim Chang-Yeob gave the civil service blueprint

21st February, 2016
Former Department of Finance secretary general Kevin Cardiff pictured outside his then offices back in 2011 Pic:RollingNews.ie

The South Korean ambassador to Ireland was among those who offered advice on the setting up of Nama during 2010, according to a new book by former Department of Finance secretary general Kevin Cardiff.

During a dinner party at the ambassador’s residence held for Cardiff and his wife, diplomat Kim Chang-Yeob gave the civil service a blueprint for the South Korean version of the Irish bad bank, which was established in 1997.

“During the course...

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