Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Public Accounts Committee

National Asset Management Agency: Financial Statements 2014

9:30 am

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

It has everything to do with the conduct and interactions of transactions such as this. Perhaps this is the nub of the problem more generally. It has everything to do with the networks of persons, professional, political and otherwise, in and around the transactions. If it demonstrates anything, it is how problematic the very closed nature of NAMA is. How are we to know? We know about this instance. We know this turn of events, perhaps because of the scale of it. If Mr. Daly regards that there is nothing to see here, the end justifies the means and NAMA has nothing to answer for, and if this is standard practice for NAMA, it is very shocking.

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