Dáil debates

Tuesday, 7 July 2009

12:00 pm

Photo of Caoimhghín Ó CaoláinCaoimhghín Ó Caoláin (Cavan-Monaghan, Sinn Fein)

I join the other party leaders in expressing the hope that we will shortly hear good news concerning Ms Commins and her Goal co-worker. I send our best wishes to all working towards their safe release.

We are in the final week of the Dáil session before the summer recess. The Government has already set in train arrangements for the National Assets Management Agency without any legislative basis or any substantive debate in real terms. We must take on board that billions of euro of taxpayers' money and untold sums of public moneys are committed to facilitating the establishment of the National Asset Management Agency. It was promised not only that we would have the legislation by this week but that it would have been published long ago, that there would have been a full debate and that it would have gone through its final passage, in whatever form it was to take ultimately, having been discussed and debated here intently. We have yet to see the published legislation on NAMA. What is the situation at present? Are the heads of the Bill agreed at this point? Is there any prospect we will see the publication of the Bill this week? Will we have sight of it before the Dáil rises at the end of the week? What will the status be if we do not have the opportunity of substantive debate of the necessary legislation? What is the Government's intention for the National Asset Management Agency for the period of the summer recess? Will it call back the Dáil early to facilitate address of the legislation that is long promised?

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