Seanad debates

Tuesday, 13 July 2010

12:00 pm

Photo of Eugene ReganEugene Regan (Fine Gael)

Did the Government not present, intentionally, a rosy and misleading picture on the profitability of NAMA in order to get the legislation over the line? It either did engage in a due diligence process on the banks - it had the capacity to do so - and hid the figures from us, or it did not, which would amount to a dereliction of duty. That is what is unpatriotic about the Government - it misled the Houses and the public on one of the most enormous financial undertakings ever made by the State.

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