TD for Wicklow and East Carlow. Fighting for job creation, economic justice and political reform.

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Monthly archive December, 2013
Failure to audit NAMA could cost dearly

Failure to audit NAMA could cost dearly

Is NAMA a leaky ship or a paragon of confidential virtue? Right now nobody knows. The Government must respond immediately by setting up an independent security audit of Nama’s operations. Failure to do so could cost the State billions. It’s been a bad week for Nama. In response to Dáil questioning by me on Tuesday,...
Is NAMA Watertight?

Is NAMA Watertight?

On December 17, 2013 the newspapers were full of reports about a dossier presented to the Garda Commissioner on the conduct of a previous NAMA employee, which includes an allegation that the official fed information from NAMA to named individuals who should not have received it. The dossier also cites another allegation from the official...
An Post & Arklow Main Street

An Post & Arklow Main Street

An Post has told me that it intends to stay on Arklow Main Street in the short to medium term. Work to install a disability ramp and upgrade the interior of the current post office will be underway soon. They are aware of the key role they play on the Main Street, and know there...
Who's going to pay for Bank of Ireland's €1.8bn?

Who’s going to pay for Bank of Ireland’s €1.8bn?

On the day that Bank of Ireland announced a plan to repay €1.8bn to the Irish State, I wanted to remind an Tanaiste, Eamon Gilmore that some of this money is coming from citizens whose lives are being ruined by Bank of Ireland. Of the banks that have appeared before the finance committee, Bank of...
Insolvency may just work

Insolvency may just work

In the war on household debt, it was a good week. Last Monday evening, the first Debt Settlement Arrangement (DSA) was signed off in court. Under the arrangement, about 70 per cent of the debt will be written off. DSAs are one of the new processes introduced by the Personal Insolvency Act, and are for...