Political reaction to the Nama Bill
“We will be disposed to be opposing it initially but if we find that the Minister tacks and makes changes that are necessary to protect the taxpayer, we will think again during the course of the legislation as to what final position we will take on it.”
Richard Bruton, Fine Gael spokesman for finance.
“Every euro of the €10 billion already pumped into Anglo, AIB and Bank of Ireland on top of the astronomical cost of Nama, is a euro being taken out of vital public services such as education, health, job creation and the delivery of critical infrastructure
Arthur Morgan, Sinn Féin spokesman for finance.
“The Irish taxpayer is being exposed. On a good day we might get all our money back but we’re not going to see the kind of good days that were there in the past.”
Ruairí Quinn, Labour Party spokesman for finance.
“It does the work we believe it needs to do in removing toxic debt from the financial institutions, helping them to become more liquid and lend money out again . . .”
Dan Boyle, Green Party