Shane Ross (Independent)

The Minister addressed the Anglo Irish Bank issue in his interruptions of Senator Donohoe but perhaps he might expand on the issues regarding NAMA he raised at the meeting of the Joint Committee on Finance and the Public Service yesterday. NAMA's optimistic profit forecast has suddenly turned into a pessimistic loss forecast. Is he satisfied that the banks have been telling lies about the prospects for their loans and assets? Will he tell us whether rents were being paid or loans serviced? If they have been misleading the National Asset Management Agency, Government and nation, what does it tell us about reform of the banks, other than the central banking system which the Minister is doing very effectively? Are the banks running rings around the Financial Regulator and Government? As each step comes, are they one step ahead? Is it true that they have been misleading us about the state of their assets and, in particular, the servicing of their assets, the rents being paid for them and the manner in which they are being treated?