I congratulate the Minister for Finance, Deputy Michael Noonan, on decisions taken at yesterday's ECOFIN meeting on bank resolution measures, banking union, security of deposits and so forth. I understand the nature of politicians as much as anyone else does. In that context, I refer to serious allegations made about the National Asset Management Agency. Nothing has been proved and much of what has been alleged may be unfounded. We are not judges. The Garda Bureau of Fraud Investigation which is independent of Parliament is involved in this matter which is also one for the Director of Public Prosecutions. Senators should not say anything.

This is a democracy.

Of course it is.

We introduced legislation on whistleblowers. We should listen to them.

Please allow Senator Paul Coghlan to continue, without interruption.

As a lawyer, Senator Lorraine Higgins is well aware that this is a democracy based on law and we are all governed by the law. As citizens, we have a duty to report information of which we become aware.

Senator Darragh O'Brien went to the Garda.

I congratulated the Senator on doing so yesterday. Other than that, the milking of this issue we have seen for publicity purposes is a form of Ballymagash politics.

That is a cynical view. There is a real threat to the taxpayer.

We must disapprove of that type of politics.

Does the Senator have a question for the Leader?

I welcomed the publication of Senator Mark Daly's Bill, which we will study. Serious matters are at issue, as all Senators will accept, and they are under investigation. Our policy should be one of shut mouths.