Dáil debates

Tuesday, 30 November 2010

5:00 am

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael)

In view of the comments made by the Governor of the Central Bank yesterday that he sees the wind-up or wind-down, as the case might be, of Anglo Irish Bank taking place in the very near future, does the Taoiseach consider it necessary to introduce legislation to give effect to any element of that wind-down of the bank or can this be done by financial recommendations or directions from the Department of Finance or the Central Bank withdrawing a licence?

I was concerned recently at the discussion that took place at the Committee of Public Accounts when the representatives of NAMA attended. This is now causing paralysis and complete gridlock in the property business. Is there any mechanism available to the Oireachtas or the Government in view of the way that NAMA has been set up to prize it open, as it were, to create some fluidity in the property market which is currently gridlocked and paralysed?

Comments

No comments

Log in or join to post a public comment.