Paul Coghlan (Fine Gael) | Oireachtas source

Senator Leyden is ever helpful.

I too welcome the appointment of Mr. Justice Nial Fennelly to chair the commission of investigation. I say genuinely to my good friends opposite that it would be important that they exercise more caution and less haste. We all have a duty to be properly informed. Mr. Justice Cooke will report in due course, as will Mr. Guerin, SC. There will be a debate this evening in the other House during which further information may come to light. If we held our whisht a while that might serve well.

I welcome the fact that the special liquidators of the Irish Bank Resolution Corporation, IBRC, have managed to dispose of €19.8 billion of the loan book out of a total of €21.7 billion. That is good news for the taxpayer because it means the National Asset Management Agency, NAMA, will take on very little and hopefully it will be successful too.