Oireachtas Joint and Select Committees

Thursday, 22 November 2018

Public Accounts Committee

Business of Committee

9:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

This goes back to the report that we issued on 28 March. We recommended that there should be a Dáil debate on the projected terminal surplus of NAMA on the basis that NAMA is so unique that there are no EU rules on it. There is no requirement in EU rules to pay down Government debt. It is a domestic political decision. We cannot prevent the Government from having a view but we did not make a formal decision either way because there could be mixed views on the final surplus. It could be used partially for debt and partially for investment, or whatever. Let us have a debate and present the committee's point of view. There is nothing preventing individual parties from coming back with their own motions but the committee, in our last report in March, did not say anything either way. We said there should be a Dáil debate because we feel that is lacking. We have an announcement from the Taoiseach on his views but there are other views that have not been discussed in the Dáil. This has never been debated on the floor of the Dáil and I think the committee-----

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