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NAMA; another Fianna Fáil u-turn - Adams

29 June, 2016 - by Gerry Adams TD


Sinn Féin President Gerry Adams TD, in advance of the Dáil meeting today, has said ‘Fianna Fáil are set to perform yet another policy U-turn in the interests of appeasing their partners Fine Gael - this time in relation the establishment of a Commission of Investigation into the sale of NAMA’s Northern loan book’.

Teachta Adams said;

“It would appear Fianna Fáil are to today manoeuvre once again from their own stated party position of believing a Commission of Investigation should be established into the sale of NAMA’s Northern loan book, Project Eagle, in the interests of appeasing their partners in Fine Gael.

“In October, the Fianna Fáil Finance Spokesperson Michael McGrath said ‘there is simply no room whatsoever for any question marks when we talk about the sale of a €5 billion State asset’, and ‘that it was essential for the integrity of the Dáil that a Commission of Investigation is established to find the truth of what happened with Project Eagle’. Not so now it would seem.

“Just two weeks ago in the Dáil, the Fianna Fáil Leader Micheál Martin described the Government’s position on Project Eagle as untenable, yet Fianna Fáil won’t now support the establishment of an investigation. It is bizarre behaviour. 

“This boils down to yet another Fianna Fáil U-turn, following their repositioning on water charges, bin charges, the national monument in Moore Street, rent certainty and returning Enda Kenny as Taoiseach.”

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