Seanad debates

Wednesday, 24 March 2010

Finance Bill 2010 (Certified Money Bill): Second Stage.

 

10:30 am

Photo of Liam TwomeyLiam Twomey (Fine Gael)

-----whose assets have been taken over by NAMA heading off to Marrakesh for the weekend on their private jets.

I would like to hear the Minister's view on another issue. A spate of individuals appear to be transferring assets to other family members. People are reading this in all of the newspapers and asking me the reason individuals who are supposed to owe NAMA millions, if not billions, of euro are openly able to transfer assets to family members, which appears to have no effect on their obligations to the banks or NAMA. Why is it that no Minister is making any comment on the matter?

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