Seanad debates

Wednesday, 18 December 2013

10:50 am

Photo of Paul BradfordPaul Bradford (Fine Gael) | Oireachtas source

I am normally hesitant to support requests to the effect that Ministers be brought before the House at short notice. It is generally impractical for them to appear in the Seanad with a few hours notice. It is important, however, that between now and Friday afternoon - when the Seanad is to adjourn for the Christmas recess - a Minister should come before us and outline his or her response to the allegations made in the House in respect of NAMA. This is Ireland's first week as a so-called free economy in the aftermath of its exit from the bailout. Apparently, we are in a position to run our own affairs. If the Oireachtas is to ensure the country does not end up in another bailout in the future as a result of bad economics, bad governance or bad politics, it must guarantee that all activities - be they public or political in nature - are carried out in the most transparent and honest fashion possible. I know nothing about NAMA other than what I have read in the newspapers but it is not unfair to suggest that questions must be answered. Taxpayers will eventually foot all of the bills in and we must ensure their money is not wasted. Public reassurance is required. Creating the type of good governance and good politics this country requires to allow it to grow in the future would be best facilitated by ensuring the questions raised by Senator Darragh O'Brien and others, both here and elsewhere, are comprehensively answered. There must be no shred of doubt with regard to an organisation as large as NAMA. The taxpayer has footed the bill to date and will continue to do so in respect of any problems that arise. It would not be practical for the Minister for Finance to come before the House today.

Comments

No comments

Log in or join to post a public comment.