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

-----which were clearly of such concern to all involved that the original successful bidder, Pimco, had to withdraw. NAMA's defence at the Committee of Public Accounts was that people could not expect it, notwithstanding those concerns, to have pulled the deal, which could have undermined the price. In other words, the price justifies whatever happened. NAMA is under the Taoiseach's jurisdiction and he can set up a statutory commission of investigation which has full compellability. In my view, that would be the honourable thing to do right now, but I can see that everyone wants to avoid that. NAMA wants to avoid it, as does the Government, but it is an essential step because NAMA will not go to Northern Ireland, which is appalling. NAMA has said that it will give evidence in private to the Northern Ireland parliamentary committee. Why does it want to give evidence in private? Why can NAMA not just go up North and give an oral public testimony?

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