Dáil debates

Thursday, 29 September 2016

Ceisteanna - Questions - Priority Questions

NAMA Operations

1:55 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

This question is on the same topic. It is welcome that the Minister has agreed to appear before the Committee of Public Accounts. This is the right decision. The central purpose of my question is to establish whether the Minister wishes to strengthen oversight mechanisms and put new safeguards in place for future NAMA disposals because we are dealing with an extremely serious issue. The Government has agreed to set up a commission of investigation. By admission, that means that there is an issue of significant public concern. This is a very serious issue. NAMA is still sitting on a lot of assets and we need to be reassured that the process in which it will engage for any remaining sale will be safe, have integrity and fully protect the interests of taxpayers.

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