Brian Lenihan Jnr (Dublin West, Fianna Fail)

This is a succinct reply, so the Deputy might get a few supplementary questions in. I published the draft NAMA business plan, which was prepared by the interim NAMA management, to inform the debate on NAMA. It is clear from its title that it is a draft report. The actual business plan cannot be initiated until NAMA is established and a board is appointed. The function of the Comptroller and Auditor General is to review performance, to audit expenditure and to report on the accounts of public bodies. The suggestion that he should be involved in a review of the draft business plan is misguided. I do not see a role for him in the review of the NAMA business plan.

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