Brian Rowntree, one of the two Northern Ireland appointees to NAMA’s Northern Ireland Advisory Council, has, according to the BBC, this morning resigned his position as chairman of the Northern Ireland Housing Executive after a contracts scandal was uncovered, in which there were allegations of a contractor overcharging for substandard maintenance – a full report on the matter is due this week and the BBC reports it contains “alarming findings” and it is being suggested the resignation coincides with the publication of the findings of the report.
Alongside Frank Cushnahan, Brian was just two weeks ago re-appointed for a further two-year period on the NAMA council with the assent of Northern Ireland’s Finance and Personnel minister, Sammy Wilson.
NAMA has no comment at present on this morning’s development, and it remains unclear if Brian’s position on the NAMA council will be affected.

