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Seanad
‹ Order of Business

Confidence in NAMA governance

Summary

Senator Coghlan expresses confidence in NAMA’s board and management, saying allegations should be properly reported and investigated by the Gardaí; Senator O’Brien continues seeking confirmation that this is happening.

I am sure those at the top in NAMA are above reproach, governed by law.

As has been stated, if there is anything amiss or untoward-----

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What makes the Senator so sure about that?

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----- as has been alleged or suspected, it is up to people to report such matters to the Garda and it is up to that force to investigate. I am not too sure it is the business of the Garda to communicate with Members as to whether it is doing something. I accept that these people are governed by law and I do not believe there is anything untoward at the top in NAMA.

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What would the Senator define as being the top?

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Paddy Burke An Cathaoirleach Fine Gael

Senator Paul Coghlan, without interruption.

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I am aware that allegations were thrown about in this Chamber in the past, albeit not by Senator Darragh O'Brien, for whose comments in general I have great respect, but things were thrown around that could not be substantiated.

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They were substantiated.

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Paddy Burke An Cathaoirleach Fine Gael

Senator Paul Coghlan, without interruption.

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They were not substantiated but Members should have the utmost confidence in the board, the managing director, the chairman and the people of NAMA. However, if something is alleged, let it be properly investigated. That is not the business of Members.

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I want to know whether it is being investigated.

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I am unsure that-----

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I seek confirmation in this regard.

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Paddy Burke An Cathaoirleach Fine Gael

Does Senator Coghlan have a question for the Leader?

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No, but-----

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Paddy Burke An Cathaoirleach Fine Gael

Senator Paul Coghlan, without interruption, please.

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The public is entitled to know.

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Paddy Burke An Cathaoirleach Fine Gael

Senator Paul Coghlan, without interruption, please.

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A Chathaoirligh, the public is entitled to know.

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It is a matter for the Garda.

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Paddy Burke An Cathaoirleach Fine Gael

Senator, have you a question for the Leader?

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No, but I am trying to clarify the position.

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Paddy Burke An Cathaoirleach Fine Gael

I call Senator Cullinane.

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The point is-----

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I also wish to express confidence.

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The point is-----

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Members should have confidence in NAMA.

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Paddy Burke An Cathaoirleach Fine Gael

Senators, no crossfire here. I call Senator Cullinane.

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