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is NAMA now a state secret

  • 01-11-2011 10:47pm
    #1
    bobby3131
    Closed Accounts Posts: 3 ✭


    Why are the goings on in NAMA being kept secret?Did anyone read Fintan O'Toole in the Irish Times today ?


Comments

  • #2
    Scofflaw
    Registered Users, Registered Users 2 Posts: 23,283 ✭✭✭✭Scofflaw


    bobby3131 wrote: »
    Why are the goings on in NAMA being kept secret?Did anyone read Fintan O'Toole in the Irish Times today ?

    I certainly hope so, because otherwise I have to close this thread for being excessively enigmatic.

    moderately,
    Scofflaw


  • #3
    jonsnow
    Registered Users, Registered Users 2 Posts: 724 ✭✭✭jonsnow


    http://www.irishtimes.com/newspaper/opinion/2011/1101/1224306842630.html

    Last week, the committee was told something that would, in any self-respecting democracy, be astonishing: Geoghegan’s review of Nama is a secret. Not only is it a secret, indeed, but Geoghegan explicitly accepted the task of conducting the review on the condition that it would be entirely private.

    A few weeks ago, Simon Carswell reported in The Irish Times that the Geoghegan review had been presented to the board of Nama. Carswell quoted an outgoing member of the Nama board, Peter Stewart as saying: “I believe the Geoghegan review should be a watershed in the life of Nama and I hope that its recommendations will be fully implemented.”

    So here’s a “watershed” report on the largest project in the history of the State. Except, it turns out, there is no report.

    Nama chairman Frank Daly told the committee last week that Geoghegan has written nothing down. His report has been delivered verbally to Michael Noonan and to the Nama board. The “watershed” review of Nama is, in other words, a chat between a banker who was steeped in the culture of grotesquely excessive entitlement, the Minister and the people who are already tucked in under the covers at Nama.

    And what did this chat consist of? Sorry, that’s a secret. Frank Daly refused to tell the PAC what Geoghegan recommended – his conclusions “cannot be disclosed”.


    Pretty dodgy stuff all right


  • #4
    Bannasidhe
    Registered Users, Registered Users 2 Posts: 19,218 ✭✭✭✭Bannasidhe


    Fintan must be mistaken - after all its says in FG's election Manifesto 2011 :
    17.3 Fine Gael Will Overhaul the Way Politics and Government
    Works
    Devolving Power to Citizens: Government is too centralised and unaccountable. Fine Gael believes that
    there must also be a real shift in power from the State to the citizen.
    • Open Government Bill: This will significantly strengthen Freedom of Information; establish a
    “whistleblowers charter”; register all lobbyists; and create a new Electoral Commission.
    http://www.finegael2011.com/pdf/Fine%20Gael%20Manifesto%20low-res.pdf

    So obviously FG are all in favour of being open and transparent. Labour's lies aspirations can be found here http://www.labour.ie/download/pdf/labour_election_manifesto_2011.pdf. I would cut and paste some of the highlights on fairness, openness, reform etc but I just can't....:mad:


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