Dáil debates

Thursday, 5 November 2009

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

 

11:00 am

Photo of Joan BurtonJoan Burton (Dublin West, Labour)

Yes, but I would like to respond briefly. I thanked the Minister already but I want to formally record my thanks to him for moving to the quarterly reporting basis in respect of NAMA. It is very helpful. It is wrong, however, to delay the publication of the quarterly information for another three months. That is regrettable. The public service has to get used to real time. Such delay is not acceptable. Essentially, this is a public service issue. Once a quarterly report is provided there should be no delay in its publication. This is done all the time in private business. This is not an audited but a summary report. It would have to be examined to check it is okay. I do not know why it is necessary to wait up to six weeks for the report to be published. I accept the amendment and thank the Minister for bringing it forward. It is an improvement.

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