NAMA must be subject to public scrutiny – Harris

Posted March 29th, 2012 in Public Expenditure & Reform

Freedom of Information must be extended to NAMA as a matter of urgency, says Harris.

Fine Gael Wicklow TD, Simon Harris, has called on the Government to bring the National Asset Management Agency (NAMA) under the remit of the Freedom of Information Act as quickly in possible.

Speaking in the Dáil, Deputy Harris said, “NAMA will dominate many financial transactions in this country for the foreseeable future. It is important as much information as possible about the workings of the agency are made available to citizens of this country, who will ultimately be left to pick up any tab.”

“Just as we expect individual financial institutions to be subjected to scrutiny, it is important we extend the same scrutiny to agencies that were established by this house. This Government did not design the agency, and we were critical of its establishment. But we have now inherited it, and have a responsibility to ensure it runs as efficiently and effectively as possible, securing the maximum value for the taxpayer.”