Sinn Féin to seek commission of investigation into NAMA with Private Members’ Motion on Dáil return

‘Serious questions remain unanswered in relation to the sales process of NAMA’s Northern loan book.’
‘Taxpayers deserve answers and the Minister must respond.’

Sligo News File Online

Peader Toibin, Sinn Fein Spokesperson on Jobs, Enterprise & Innovation
Peader Toibin, Sinn Fein Spokesperson on Jobs, Enterprise & Innovation

Sinn Féin Junior Finance spokesperson Peadar Tóibín has called on Finance Minister Michael Noonan to “fully cooperate with the NAMA Inquiry being carried out by the North’s Finance Committee and to make himself and his department officials available to the committee.”

Deputy Tóibín also announced that Sinn Féin will bring forward a Private Members Motion in September to call for a commission of investigation into NAMA and its dealings.

He said:

“Serious questions remain unanswered in relation to the sales process of NAMA’s Northern loan book.  Minister Noonan and his department have a role to play in the inquiry being undertaken by the North’s Finance Committee and I am calling on him to give full cooperation to that inquiry and to make himself and his department officials available to the committee.

“His failure thus far to give any sort of cooperation to the committee is unacceptable.  He cannot simply close his eyes and pretend the inquiry is not happening.

“I also want to put the Minister and the government on notice that Sinn Féin will be bringing forward a Private Members’ Motion in September to call for a full commission of investigation into NAMA and its dealings both on the Northern loan book sales process and its broader operations.

“The government was dragged kicking and screaming to establish an inquiry into IBRC and now it is once again refusing to deal with this major issue concerning vast amounts of public money.

“It is simply not good enough.  Taxpayers deserve answers and the Minister must respond.”