Seanad debates
Thursday, 12 November 2009
Order of Business
11:00 am
Paddy Burke (Fine Gael)
I ask that we have a debate, next week if possible, on the fees to be charged in respect of NAMA. First Active was taken over at minimal cost. There could be up to 100 people in Irish Nationwide at present earning the fees to which I refer, some on €3,000 per day and more on €800. Can one imagine the cost of this in respect of a company that will be taken over or wound up in the very near future? The €2.5 billion to be paid in fees could be used much better to address the needs of the hard-pressed people in negative equity.
No comments