Arthur Morgan (Louth, Sinn Fein)

It might be worth remembering that the figures changed more often than the weather in an Irish summer. Sometimes the authorities did not know because the financial institutions did not tell them and sometimes it was to deliberately mislead us and to try to cause some confusion in the area.

I support what Deputy Burton said. There are rumours and speculation about what is going on. It is important that NAMA has a significant investigative element attached to it which will get to the bottom of what is going. I am not in a position to state whether these rumours and this speculation on the transfer of assets to spouses and family members, etc., is correct. I would not be in a position to give the Minister information on that because I do not know how well-founded those rumours are and it would not be fair. What I do know is that it requires to be tied down and to be dealt with in this Bill. This an opportunity to do so.

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