Gerry Adams (Louth, Sinn Fein)

Next week, the Government will be in office for a year. Before the last election, Fine Gael rightly railed against what it described as "professional advisers, accountants, lawyers ... [and] other consultants ... linked [with the] National Asset Management Agency, NAMA, the National Treasury Management Agency, NTMA, the bailed-out banks, the Central Bank and the Department of Finance". The Taoiseach and Fine Gael correctly identified an obvious conflict of interest then. One year later, however, this network remains in place. Indeed, many of the senior figures in NAMA were also senior members of the banking, financial and property sectors which caused the crisis.

An aontaíonn an Taoiseach liom go bhfuil coimhlint leasa aige i dtaobh na rudaí seo ar fad? Cá bhfuil an trédhearcacht ar sheas sé leis chomh láidir sin i rith an tochgháin. Bhíodh sé ag tabhairt amach ansin, ach anois is léir go bhfuil on ciorcal órdha fós faoi chosaint aige. Tá sé ag cosaint na saibhir in ionad na boicht.

Some 16 firms were selected by the agency to advise it on loan sales in Europe and the USA. NAMA has confirmed to me that some of its senior management have links with these 16 firms. Does the Taoiseach believe there is sufficient transparency to avoid conflicts of interest in the sale of these assets which he identified? We are talking about billions of euro worth of assets that are being sold by NAMA. The Dáil and the public deserve to know how much taxpayers' money NAMA has paid for the properties it controls. A year ago, the Taoiseach promised transparency and that "details of all non-performing loans acquired by NAMA will be available for scrutiny on a public register, including the names of the creditors, the price paid by the taxpayer for the loans and the actions taken by NAMA to recover the loans".

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