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

1:00 pm

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

As long as issues of that nature are not up for scrutiny by people such as us, then there is an obvious and fundamental issue of accountability. It is NAMA's bread and butter - what it does on a day-to-day basis - and we will have to agree to differ on that point.

The agency has a very high level of staff turnover. At a previous meeting, we discussed what constitutes an appropriate cooling off period and we also agreed to differ on that matter. I do not believe that NAMA adequately caters for such cooling off periods. Will our guests indicate the level of contact between NAMA or NAMA developers and former employees of the agency wishing to acquire NAMA properties? Have former employees acquired such properties and, if so, how often have they done so?

Comments

No comments

Log in or join to post a public comment.