Seán Fleming (Laois, Fianna Fail) | Oireachtas source

It is very complicated. Without getting into the details, Mr. Lane thinks that because the ECB was providing credit for the banks, they did not fully own the assets transferred to NAMA. However, I agree with the Deputy. When I saw the reply, I submitted a parliamentary question to the Minister of Finance for a written answer on Tuesday to tease out the role of the Central Bank in investigating complaints before the ECB took over responsibility for prudential supervision. As his answer was unsatisfactory, this morning I submitted a further question. I was not happy with the reply to the parliamentary question from the Minister. We will come back to this correspondence.