Monday 20 November 2017

NAMA is vital to recovery: we must restore confidence in it

The Treasury Building where NAMA is based
The Treasury Building where NAMA is based

Lorraine Higgins

I RAISED important issues regarding the lack of transparency and accountability in NAMA and the leaking of sensitive information from the agency in the Seanad last May. Nobody took this seriously at the time.

However, if we have learned one thing from this week's revelations, it is that there is a need for greater political and administrative oversight of NAMA.

After all, this is the largest property vehicle in the world and its policies have a significant impact on the property values for the taxpayers in Ireland.

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