Dispute over NAMA allegations
Senators Coghlan and Daly exchange accusations over NAMA’s conduct and alleged losses to taxpayers. The Chair rules that Daly cannot amend the Order of Business because the proposed Bill was defeated and is no longer on the Order Paper.
I refer to Senator Mark Daly's ongoing fatwa against NAMA. He has not hit the target once.
In fact, he has not substantiated a single charge. In regard to the proposal he has made today, I can only urge the Senator to bring it on.
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As I am loth to referee a Kerry battle, I ask Senator Coghlan to make his point as quickly as possible.
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Senator Coghlan is well aware that 500 acres were sold in Cork city and nobody in the area was aware it was for sale.
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Senator Daly has never been specific when it was put up to him.
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All the information is in the newspapers.
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He needs to put up or shut up. He made a very serious charge today.
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One cannot believe everything one reads in the newspapers.
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Senator Coghlan's parliamentary colleague has made him aware of the problems with NAMA but he refuses to listen.
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I did not interrupt Senator Daly when he was speaking.
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I ask Senator Daly to resume his seat. It is unfair to interrupt another speaker in this way. I advise Senator Coghlan that it might be prudent not to draw Senator Daly on any further.
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The Senator made a very serious charge today of illegality. I am not aware of NAMA doing anything illegal. In fact, the recent reports shows how well it has performed thus far on behalf of the taxpayer. That performance has been commented on favourably by the Minister for Finance and others in authority in this country. I am interested to see what rabbit the Senator might pull from the hat this time. I hope he will at least be more specific.
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Senator Coghlan can read about these matters every week in the newspapers.
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I am not concerned with what might be written in the newspapers. Senator Daly has filled a lot of space before, but there was nothing to it.
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In regard to the particular matter I have raised, I will supply the Senator with all the information he wants, including on Portman Square in London, which proves that the taxpayer is at a loss.
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Senator Daly cannot interject in this willy nilly fashion on the Order of Business. To clarify, in regard to the Senator's proposed amendment to the Order of Business, the Bill to which he referred was defeated on Second Stage on 6 June 2012 and, accordingly, is no longer on the Seanad Order Paper. The Senator cannot, therefore, move an amendment to discuss the Bill.