Dáil debates

Tuesday, 14 July 2015

3:55 pm

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

Pimco flatly contradicts the account given by Mr.. Frank Daly and insinuated by the Taoiseach that it was asked to withdraw from the sales process. It suggests it withdrew voluntarily. In the emerging scenario the Minister and NAMA know that things have gone very badly awry, yet, not only do they not inform the Northern Executive or pull the sales process, they are quite happy to allow things to trundle on. That is how the facts stack up. Facts are also emerging that specific law firms were acting for both bidders and NAMA debtors at the same time.

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