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

I raised the issue of the Project Nantes loan sale in this House in May 2017 with the then Minister, Deputy Noonan. He told me that NAMA could not reveal any information on this loan sale under sections 99 and 202 of the NAMA Act. The current Minister refused to answer twice, on the same grounds, but sections 99 and 202 do not apply to the Houses of the Oireachtas, yet the Minister has allowed NAMA to hide behind them. I had to write to the Committee of Public Accounts to ask it to get involved. NAMA was forced to begin a legal review into the sale and the Comptroller and Auditor General has now become involved. Does the Minister not think that, in the public interest, he too should become involved?

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