Dáil debates

Wednesday, 7 October 2009

National Asset Management Agency Bill 2009: Second Stage (Resumed)

 

5:00 pm

Photo of Mattie McGrathMattie McGrath (Tipperary South, Fianna Fail)

I thank Deputy Hayes for prompting me on what he would like me to say.

I welcome the publication of the National Asset Management Agency Bill and I take the opportunity to congratulate our Minister, Deputy Brian Lenihan, on his excellent work on the matter. He has shown great leadership in recent months and, while the job he has been given is extremely difficult, he is doing a good job of getting the country back on track.

There is fear that we are not moving quickly enough to tackle our problems and begin recovery, but I appreciate that the legislation took time to put together. It is possibly one of the most important decisions we will take in our lifetimes so, while the delay is regrettable, it is vital that we get the Bill right so we can be sure it is the best option.

I will correct Deputy Hayes in case he got carried away and thought I said I might vote against the Bill. I expressed the concerns I have, like many other citizens, about NAMA. I have received reassurances and I assure the Deputy there is no danger of my making a mistake in the lobbies when we come to vote on this.

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