Gerald Nash (Louth, Labour)
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There is an onus and a responsibility on us to discuss NAMA. A huge intervention was made by the Irish State a number of years ago that was controversial at the time. We are all aware of the track record of NAMA and what has happened over the past few years. I wish to ask some questions on the winding down of NAMA. I accept that Mr. McDonagh is not accepting any responsibility for questions necessarily on IBRC and the winding up thereof. I had some concerns about how, for example, ongoing cases with the Ombudsman were going to be handled once IBRC was dissolved, but the position in that regard has been clarified for me in recent times. There are a number of outstanding cases with the FSPO in relation to IBRC issues.

The fourth topic Mr. McDonagh covered - we requested that it be covered - was the legal cases that are outstanding.

Mr. McDonagh said in his opening contribution that there were six dormant cases that had not progressed in the past 12 months. Is he in a position to elaborate on what those cases are, even in general terms? If he is not in a position to identify them individually, that is fine, but typically what do those kinds of cases involve?