Paul Coghlan (Fine Gael)

This would, with immediate effect, scare off institutional investors for whom confidentiality is a must. To whom, therefore, would large NAMA-controlled commercial buildings be sold were this Bill enacted?

The effect would be to give non-NAMA institutions, who are actively deleveraging in the marketplace, competitive advantage over NAMA. It is incomprehensible to me that this House would support legislation which seeks to weaken the hand of the taxpayer in dealing with the impaired loans and assets that are a legacy of the policies pursued by the Senator's party and whose resolution is essential-----