Oireachtas Joint and Select Committees

Thursday, 10 January 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Freedom of Information (Amendment) Bill: Discussion with Minister for Public Expenditure and Reform

2:30 pm

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

I will address two other agencies. I am trying to manage my time. It seems that the National Asset Management Agency, NAMA, the National Treasury Management Agency, NTMA, the National Pensions Reserve Fund, NPRF, and the National Development Finance Agency, NDFA, will also fall within the scope of freedom of information requests. When the NAMA legislation was passed, it was almost impossible for Members to access information on NAMA's day-to-day operations. In fact, one would have been sailing close to the wind in terms of being in contempt of court or in breach of legislation. When I investigated NAMA's operations in respect of a business location in Cork, I needed to get a senior counsel's advice just to write to NAMA.

As a result of this new legislation, will the public as well as Members be able to get information on NAMA's day-to-day operations? How intimate will be the information on NAMA, the NTMA, the NPRF and so on that the public receives? Those bodies possess sensitive information.

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