Seanad debates
Wednesday, 6 June 2012
NAMA and Irish Bank Resolution Corporation Transparency Bill 2011: Second Stage
7:00 pm
Diarmuid Wilson (Fianna Fail)
There should be no perceived conflict of interest and everything should be above board and seen to be so. This legislation is about transparency and affording the Irish taxpayer who owns NAMA the opportunity to see exactly what NAMA has for sale and, ultimately, while not getting involved in the negotiation, to discover who bought the property. That is what this small piece of legislation is about and I do not see how anybody could disagree with it.
That is all I have to say on this matter. Perhaps the Government would consider accepting the legislation. My colleague, Senator Byrne, a learned lawyer, does not see any conflict between this Bill and the Constitution and, as a layperson, I tend to agree with him.
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