Sunday May 31, 2020

Taxpayer paid for Nama adviser’s Barbados flights

Former HSBC chief Michael Geoghegan claimed expenses totalling €26,000 in 2013 and €23,351 in 2012

25th October, 2015

The taxpayer paid for numerous first-class flights from Barbados as well as bills for stays in five-star Dublin hotels for an adviser to the government on the National Asset Management Agency.

Documents released under the Freedom of Information Act reveal that Michael Geoghegan, the multimillionaire former chief executive of British bank HSBC, submitted four tranches of expenses to Nama totalling €26,000 in 2013. The previous year, he submitted another set of expenses of €23,351 to Nama.

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