Greens talks will build Nama confidence, says Lenihan

The Minister for Finance, Brian Lenihan, has said the Green Party deliberations on the Nama Bill should help to build up public…

The Minister for Finance, Brian Lenihan, has said the Green Party deliberations on the Nama Bill should help to build up public confidence in the project.

Speaking at the end of the first day of the Fianna Fáil parliamentary party meeting in Athlone Mr Lenihan said the Nama Bill which would be introduced in the Dáil on Wednesday had been agreed by the Green Party Ministers and the Fianna Fáil members of the Government.

“Minister Gormley has discussed the matter with me, and at this stage there is the possibility of looking at what social return will result from Nama.

That is something that can be examined in the context of the committee stage of the Bill,” he said.

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Mr Lenihan added that he was confident the Nama Bill would be passed by the Dáil because Green Ministers and Fianna Fáil Ministers had worked together on the project.

“What the Green Ministers are concerned about and what I am concerned about is to sustain public confidence in this operation. Anything done by responsible politicians to achieve that is welcome,” he said.

The Minister added that the public must be given the maximum amount of information possible about the Bill and there was an onus on all of the political parties to listen to what they had to say.

Stephen Collins

Stephen Collins

Stephen Collins is a columnist with and former political editor of The Irish Times