Dáil debates

Thursday, 24 June 2010

10:30 am

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael)

I would like to ask four questions. First, with regard to the codes of practice for the National Asset Management Agency, NAMA, there is a great deal of comment in today's national newspapers about the relationship between property developers and the agency. As I understand it, it was promised that the codes of practice for NAMA would be published and these would show the interaction between the agency and developers. Why have they not been published? Is there a reason for the continued secrecy of the Department of Finance?

Second, I refer the extension of the bank guarantee. It was designed to run until the end of September. The Dáil will rise on 8 July and it is due to return on an unspecified date in September. Given the scale of what is involved in the guarantee, the consequences for the taxpayer and the need for the Dáil to have an opportunity to debate the issue, is it intended to have a debate before the House rises for the summer recess or before the guarantee is extended at the end of September? Given the Minister for Justice, Equality and Law Reform stated that it is important that a report be produced on the €200,000 stolen from a bank recently, we need a report on the biggest inside job ever, which was the €22 billion put into Anglo Irish Bank. Is it intended to introduce legislation to extend the guarantee for Anglo Irish Bank?

Third, the Minister said during the debate on NAMA last September that legislation would be introduced to deal with bank resolution issues to ensure the orderly wind up of banks. We have not seen that legislation. When it is expected that it will be produced?

Fourth, there is serious concern about the national vetting bureau Bill. Reports indicate that the concern of parents all over the country that up to 60% summer camp staff have not been vetted and with schools closing and young children getting involved in various summer camps, this is a serious matter for parents. Deputy Enright produced a Bill in this regard a number of years ago. It is of immediate concern and perhaps the Minister might like to comment on it.

Comments

No comments

Log in or join to post a public comment.