Oireachtas Joint and Select Committees

Thursday, 26 September 2013

Public Accounts Committee

Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency

12:30 pm

Photo of John DeasyJohn Deasy (Waterford, Fine Gael)
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I am trying to get the rate here. I worked in the United States and the big debate 20 years ago pertained to the revolving door in respect of United States Senators and Congressmen. Eventually, they dealt with the issue but it took years. They have a vastly more developed lobbying system over there and eventually they were obliged to do something about it. While that has been talked about in Ireland, given the sums of money involved and the importance of NAMA to the taxpayer, can Mr. McDonagh give me an idea of how many of the aforementioned 50 people have gone to companies that have done or do business with NAMA? I was not present for the question but I have been informed that Mr. McDonagh referred to a three month or six month cooling-off period. I am trying to figure out how many people have actually gone to such companies.