Seanad debates

Tuesday, 9 October 2012

3:30 pm

Photo of Mark DalyMark Daly (Fianna Fail) | Oireachtas source

Will the Leader allow time for the reintroduction of the NAMA and Irish Bank Resolution Corporation Transparency Bill 2011? As of August, 2,500 properties had been sold by NAMA for ยค4.6 billion, yet the Minister for Finance is unable to tell us how many of those were sold in an open and transparent manner. NAMA refuses to tell him how many were put on the market, publicly advertised or sold in private back room deals. As the Taoiseach indicated at a British-Irish Parliamentary Assembly meeting, some developers are buying back their own properties.

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