Seanad debates
Wednesday, 11 November 2009
National Asset Management Agency Bill 2009: Committee Stage (Resumed)
1:00 pm
Willie O'Dea (Limerick East, Fianna Fail)
I am not familiar with the case to which Senator Coghlan refers but I certainly will be happy to talk to him about it later. It is not in the interests of anybody that, unintentionally, a good company employing several hundred persons is forced into liquidation, and I would not like to see such a situation.
All I would say to Senator Coghlan on the performing loans is that NAMA deals with certain categories of loans. Whether loans be performing or non-performing, if they fall within the category they come into NAMA.
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