Oireachtas Joint and Select Committees
Wednesday, 18 September 2024
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance
1:30 pm
Mr. Des Carville:
Obviously, what the commission of investigation will find remains to be seen. None of us know what the outcome of that exercise is going to be. We are talking in somewhat of a vacuum in relation to that.
As I mentioned, and the Senator acknowledged, the commission has been extended to the end of October. It is to be hoped it will produce its final report by the end of October and we will all be somewhat wiser as to what it actually says. I do not think, however, it would be right or proper if we were to take away from a resolution unit what NAMA has today in terms of an indemnity. That, to me, does not make good policy sense. As I said before, all we are doing is simply replicating what we have today. I have no information and I suggest the Senator does not have any information either that would suggest we should take that indemnity away from the people who enjoy it today.
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