Dáil debates

Tuesday, 20 October 2015

4:10 pm

Photo of Mick WallaceMick Wallace (Wexford, Independent) | Oireachtas source

Can the Taoiseach explain that to me? He might remind his friend Mr. Daly that these boys in America are not in the wedding planning business.

Will the Taoiseach do this country a service and suspend the sale of Project Arrow, now rather than later? A serious amount of assets, over half of which are residential, are in the Republic. God knows, we could do with them to address the housing crisis. They will be sold for a fraction of what it will cost NAMA to build units. The agency is saying it will cost €225,000 to build each of the 20,000 units. The assets in Project Arrow will be sold for a pittance. The Taoiseach should freeze the sale now. Under no circumstances is it a legal process given that Cerberus is under criminal investigation.

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