Lorraine Higgins (Labour) | Oireachtas source

NAMA has a critical role to play in Ireland's economic recovery and we urgently need to restore confidence in the agency. We need to start by reviewing the draconian powers of the agency and to consider amending the NAMA Act to make it more accountable and transparent, so that what happened this week will not be repeated. We cannot allow unsavoury practices to continue and we must strive for better standards. For that reason I request the Minister to liaise with the Minister for Justice and Equality to consider tabling amendments to the NAMA Act to allow for accountability, otherwise we will have learned nothing from recent events.