Fionnan Sheahan: Whatever happened to Coalition's promise of transparency?
'We will insist on the highest standards of transparency in the operation of NAMA, on reduction in the costs associated with the operation of NAMA, and that decision-making in NAMA does not delay the restoration of the Irish property market." -- Towards Recovery: Programme for a National Government 2011-2016.
The operation of NAMA caused enough concern for Fine Gael and the Labour Party for the coalition parties to include a clampdown in the Programme for Government.
The revelations at the National Asset Management Agency this week would suggest the Government has failed in that commitment.