Jerry Buttimer (Cork South Central, Fine Gael)

Thank you, a Ceann Comhairle for allowing me to raise this. No employer should be allowed to turn its back on its workers, or to strip away a company so that it can ride scot free into the sunset. It cannot ignore its legal responsibilities.

I know the previous Government restructured NAMA and we are now seeing that the way it was restructured is wrong. NAMA has much to answer for in the wider spectrum, but also in this case. I would like to see NAMA representatives explain their role better. I e-mailed NAMA three times, and while I got a reply the first time, on two further occasions I received no reply.

The bottom line is that I want to see a group of decent ordinary people getting their money and being told they will get their correct entitlement. A whole web of inter-company transactions has effectively stripped the assets from the Cork company, and we cannot allow this to continue.

See this speech in context