Dáil debates

Wednesday, 4 November 2009

National Asset Management Agency Bill 2009: Report Stage (Resumed).

 

5:00 am

Photo of Kieran O'DonnellKieran O'Donnell (Limerick East, Fine Gael)

If the public will accept no less it is entitled to have a committee that remains, regardless of whether there is a change of Government.

The Minister should be trying to build credibility in the NAMA process rather than reduce it. The public is watching this debate and sees that it is being sold a three-card trick as the Minister talks about setting up an Oireachtas sub-committee with little if any power, when he could do the decent thing, accept our amendment, put the committee on a statutory footing and allow for proper transparency at valuation stage which is key. Regardless of the oversight post-evaluation it is critical to get the evaluations right. I would like to see the Minister take on board this reasonable amendment and put this committee on a statutory footing. I do not know what he has to fear. He clearly does not want to set up the committee but to create a fudge. I welcome the fact that the Green Party is taking part in the debate because Deputy Gogarty's was the first contribution-----

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