Oireachtas Joint and Select Committees
Tuesday, 12 November 2013
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform
Freedom of Information Bill 2013: Committee Stage
7:05 pm
Seán Fleming (Laois-Offaly, Fianna Fail)
Link to this: Individually | In context | Oireachtas source
I said most people, although there are some who would not agree. Once again, NAMA and the NTMA have got out of it. This is not good enough. Let us look at what the NTMA does. One could say that for the past three years, while the troika was in town, it had very little work to do. It was not raising the level of funding on the market that it had been raising. I know it might have had to roll over funds but in terms of pressure, it had the comfort of troika funding and did not have any of the difficulties it would have had if it had been in the open market over the past three years. One would have to convince me that its workload was anywhere near what it would normally have been. We are now coming out of the troika bailout. How did the NTMA survive up to now? Who is putting pressure on-----