Dáil debates

Tuesday, 6 October 2015

4:10 pm

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail) | Oireachtas source

The Taoiseach knows that the Northern Ireland Committee for Finance and Personnel and the Committee of Public Accounts are not going to get to the bottom of this. The letter I referred to earlier was written by the same gentleman who said, with regard to the Northern Ireland inquiry, that "Unsupported testimony provided yesterday at Stormont claimed I was due to receive a fee from monies paid to an Isle of Man account. That is completely false. I had no role in it, and was in no way party to, the issuance of this fee. Additionally, and for the avoidance of any doubt, I had no direct or indirect involvement in the Project Eagle transaction." That is from the same gentleman whose letter was published yesterday in the Irish News. That committee clearly is not going anywhere.

NAMA is under the Government's jurisdiction. The Minister for Finance, Deputy Noonan, was made aware of the concerns, including those of Pimco, but said he did not press the pause button. He did not tell NAMA to press the pause button either, but he should have, given the ethical issues that were raised and the knowledge that existed about fee payments to third parties-----

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