Oireachtas Joint and Select Committees

Tuesday, 12 November 2013

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform

Freedom of Information Bill 2013: Committee Stage

7:05 pm

Photo of Seán FlemingSeán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

I said most people, although there are some who would not agree. Once again, NAMA and the NTMA have got out of it. This is not good enough. Let us look at what the NTMA does. One could say that for the past three years, while the troika was in town, it had very little work to do. It was not raising the level of funding on the market that it had been raising. I know it might have had to roll over funds but in terms of pressure, it had the comfort of troika funding and did not have any of the difficulties it would have had if it had been in the open market over the past three years. One would have to convince me that its workload was anywhere near what it would normally have been. We are now coming out of the troika bailout. How did the NTMA survive up to now? Who is putting pressure on-----

Comments

No comments

Log in or join to post a public comment.