George Lee (Dublin South, Fine Gael)

My question concerns the legislation on the National Assets Management Agency, which is in preparation. The legislation and the idea of NAMA came from the report of an economic consultant, Peter Bacon, on dealing with the banking crisis. As the Taoiseach is aware, it is probably the biggest potential liability for taxpayers that we have ever taken on. Thus, we must proceed with a great deal of caution. People need to be fully informed of the issues regarding NAMA and its alternatives so they can understand and contribute to the legislation. So far we have had the publication of a small summary - around 11 pages - of the report, explaining the NAMA approach. Can the Government publish the full Bacon report on the banks, out of which came the proposal for NAMA, so that Members of the House can fully understand the issues rather than relying on the short summary that has been issued? This would be helpful for everybody in advance of the legislation.

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