Seanad debates

Wednesday, 6 June 2012

NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage

 

6:00 pm

Photo of John GilroyJohn Gilroy (Labour)

It has been suggested that one way to amend NAMA legislation, which Senator Daly's Bill has not considered and which removes the possibility of placing NAMA at a commercial disadvantage, would be a requirement for NAMA to publish details after a fixed time, perhaps 12 or 18 months following the completion of a disposal. Perhaps the strengthening of the oversight role of the Office of the Comptroller and Auditor General with an increase in specialised support staff could go some way towards removing any residual doubt that remains in certain quarters about the transparency and accountability of NAMA's activities.

Senator Daly's Bill is welcome in so far as it has facilitated this debate on NAMA. It might do no harm if we could devote further time to a comprehensive debate on NAMA in its entirety.

Comments

No comments

Log in or join to post a public comment.