Stephen Donnelly (Wicklow, Independent) | Oireachtas source

It seems to me – many Deputies in the House would agree – that an organisation as powerful as NAMA, dealing with such sensitive information, should never have been set up under the veil of secrecy that prevails. I accept that it was not set up by the Government. The Garda will investigate the allegations and if it deems it appropriate a file will be prepared for the Director of Public Prosecutions. Is the Taoiseach confident that sufficient systems and processes are in place such that NAMA is watertight? It must be above reproach. I hope the allegations are unfounded and untrue, but the suggestion is that NAMA is leaking confidential information. The Taoiseach referred to a second case, about which lawyers have been contacted, in which it is alleged that confidential information was leaked. There may be more to come. NAMA must be above reproach. It must be able to operate in such a way that it can return as much money to the State as possible. Is the Taoiseach comfortable that the systems and procedures in NAMA are as good as they can possibly be? If he is not, does he think it might be wise to urgently set up an independent external review of those systems and procedures? The Garda cannot do it; it is not set up to do that. NAMA cannot do it. No body can investigate itself in that way. Does the Taoiseach think there is a compelling argument for setting up a quick and urgent investigation to look at those systems and procedures such that anybody who is dealing with NAMA, or anyone who is looking at buying assets from NAMA, can be absolutely assured that people they are bidding against could not possibly have access to confidential information which would make it more difficult for them to bid fairly?

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