Catherine Connolly (Galway West, Independent) | Oireachtas source

I would be happy to wait for the Comptroller and Auditor General to come back after he gets further information to see what his viewpoint is at that stage. The committee can certainly have a role. NAMA was set up arising from a failure of governance and of regulation. When representatives of NAMA have come before us, we have expressed the most serious concerns about the lack of governance and so on in some instances. Is it not ironic that we are here in this position all over again now? We are struggling with an organisation that was ostensibly set up to deal with the outfall of the lack of governance, regulation, consensus and thought about things that were being done in a very wrong way. We are back struggling in a David and Goliath position. I have used that phrase fairly often. We are trying to deal with little bits of information. I do not know anything about Project Nantes other than what we have been told in the correspondence we have received. We are struggling to get something as basic as a section 172 declaration. Then it turns out that what we do get is not relevant and we are left in that position. I will finish on a point that relates to disclosure and upfrontness. There is a duty on NAMA to help us. It was set up as a public body with public duties. There is a bigger issue here for us.