Dáil debates

Thursday, 9 July 2015

Topical Issue Debate

National Monuments

5:50 pm

Photo of Aodhán Ó RíordáinAodhán Ó Ríordáin (Dublin North Central, Labour) | Oireachtas source

I am aware of reports that NAMA is seeking buyers for the loans it holds in respect of the commercial entity that owns the Dublin central development site that includes the national monument at Nos. 14 to 17 Moore Street. Contrary to the impression being created by some of those reports, the fact is that it is loans and not properties for which NAMA is seeking expressions of interest. I am concerned that an entirely false picture is being painted about the sale of the national monument itself. It is being sold. However, the buyer is the State and not some banker or venture capitalist, the State that will safeguard and restore it to how it was in 1916, and the State that will develop a 1916 commemorative centre on the site as a solemn and fitting tribute to the 1916 leaders who held their final war council meeting there. This decision by the Government was made to bring the national monument into public ownership, secure its long-term future and complete the development of the proposed 1916 commemorative centre as quickly as possible. The Government's decision will not in any way be affected, delayed or otherwise impinged upon by any disposal of NAMA's loan books. The national monument site is being removed from the NAMA portfolio sale.

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