Dáil debates

Thursday, 22 November 2018

Ceisteanna Eile - Other Questions

NAMA Loans Sale

11:50 am

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

There is no doubt that the Comptroller and Auditor General is a serious operator and he is a credit to his office, but he has found it very difficult to get information out of NAMA. It was very obvious during the protracted Project Eagle case that NAMA was very reluctant to co-operate with the Comptroller and Auditor General in a fair manner. NAMA is deliberately downplaying the requirement of section 172, but a purchaser is not allowed to be a NAMA debtor nor to have any connection to the debtor, yet Mark Donnelly was a director of Avestus and Clairvue. This is a deliberate breach of section 172 and all NAMA's talk does not change that.

I accept the philosophy that politicians should not get involved and that other people with the appropriate remit should play their role first, but I see the Government getting involved in things on different occasions in this House and this is one I would love to see the Minister get involved in. I have great respect for him and I believe he could do something really good by doing so.

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