Maurice Cummins (Fine Gael)

I commend the recommendations before us. If we need anything, we need openness and transparency. Above all, we need accountability. These recommendations seek to provide that accountability which is absolutely necessary. The public must be kept informed of all that is going on in NAMA. It should not be seen as a secret-type institution designed to look after developers and everybody else. All of the details must be spelled out as requested in the recommendations before us. I believe this should be done. The public should be informed of the names and loans of the people involved so as to ensure confidence in NAMA.

I am not a major supporter of NAMA. There is a need for this type of openness and transparency and, above all, accountability if the people are to have confidence in this body established by the Government. I hope the Minister will accept some of the recommendations in this regard.