Oireachtas Joint and Select Committees

Wednesday, 21 May 2025

Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach

Dissolution of National Asset Management Agency: Discussion

2:00 am

Photo of Alice-Mary HigginsAlice-Mary Higgins (Independent)
Link to this: Individually | In context

That is relevant in the context of policy decisions from the ECB. We can look to sales in some other areas, such as in Greece and so forth where ports were sold in a way that may be considered ill-advised now. That is relevant when we look to Ukraine, for example, which is getting substantial loans, now that it is not placed into an ill-advised position with regard to the long-term financial security of its people. There is still a question in that regard.

When it comes to areas of learnings, the question of holding a line on what would be sold and when within the large time period up to 2025 is really important. Is Mr. McDonagh confident that all of those data, even those data which relate to that negotiation with the ECB, are still available in order for us to learn from it? I refer to the transfer of files and information because some of those policy decisions and negotiations with external actors are relevant if we find ourselves in a difficult financial position in the future. There are materials relating to commissions of investigations or even future potential tribunals. Will those data and records, including those texture data about where the pressure points where, be available?