Seanad debates

Wednesday, 15 June 2011

11:00 am

Photo of Paul CoghlanPaul Coghlan (Fine Gael)

I note Senator O'Brien's comments regarding NAMA and his attempt to draw a conclusion that certain people were ad idem. Nothing could be further from the truth because to be clear, the Fianna Fáil Senator concerned claimed on the record that developers rebought their former assets at a fraction of the original price in some instances. He also stated they were buying back at below market value, that the taxpayer was losing millions of euro, that there was widespread corruption in that regard, that NAMA was not operating in accordance with the law-----

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