Oireachtas Joint and Select Committees

Friday, 20 December 2013

Public Accounts Committee

2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012

12:30 pm

Mr. Frank Daly:

What we are hearing is that there is a file of papers - let me call it a dossier - which is being provided to some sections of the media and perhaps some Oireachtas Members. As it is not something that appears casually, I am surmising that somebody went to some trouble to compile the dossier. If that is the case, one must question the motive behind it. I go back to the questioning we have had internally. What is the motive? It must be in some way to undermine NAMA or perhaps indirectly try to influence our decision-making and intimidate us. That is why the issue is very serious. To return to Deputy O'Donnell's point, it is serious because NAMA is owned by the taxpayer and what the agency does has direct implications for taxpayers. From the day NAMA was set up and I and the board were appointed, the taxpayer and nobody else has been our main concern in everything we have done.

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