We are talking about NAMA and its winding up. It is easy to wind up something when people would not talk to you. I will give a small bit of history, without mentioning names, of a case to do with the likes of NAMA and it not interacting with people in their times of trouble. I am talking about people who were in trouble in 2016, like a lot of other people in the country, and there was a judgment against them. The judgment was for €55,000, which was the sum owed. The order for interest was €9,000. In 2016, these people entered into a payment plan to get back on their feet. About a year into it, when they got back on their feet, they tried to get through to NAMA and the financial institution to do a deal on how they could finish their loan book. I have the file in front of me. The dates are from early 2016, and these people still have their payment plan in place today. They still cannot get a meeting with NAMA to finish up their accounts. We are talking about 2016, so we are ten years on, and the balance on their account is now just under €55,000. This is the amount for which the first judgment was brought against these people in 2016. We are winding up something that we said was a great thing at the time and that took on all the different purchases. How many cases have been in the Supreme Court concerning loan books that were sold off by NAMA and the likes of Pepper that were brought in? They were working in this country illegally during the first 12 months because they did not have 12 months of accounts done. How many High Court battles were lost over that? How many people's properties were taken because of the likes of NAMA? People wanted to enter into agreements to save their businesses and houses. How many of those people were there? What is going to be done now? NAMA is going to be dissolved and the buck is going to be passed to somebody else. Nobody else will talk to these people and somebody else will get paid again to deal with something that was not dealt with in the first place. Last year, we had a case where the Supreme Court overruled some of the financial institutions that got their loan books through NAMA. They were found guilty of taking properties during the first 12 months of their existence. What is going to happen with those properties? What is going to happen with the livelihoods that were lost because people in NAMA would not talk to these people? What are we going to do with those people? Who is going to reimburse them now? Who is going to deal with the portfolio involving those people who were never talked to? It is another thing that we will sweep under the carpet. We will get rid of it and we will now put something else in its place to take on the last of the loan books and assets NAMA has. There is no accountability. Are the people who were involved in this institution going to get promoted? Will they get Government jobs in different Departments? Will they get promotions in which they can excel in their careers after NAMA? That is where we see problems arising from this. An awful lot of people in NAMA have to account for things they have done wrong. They may have got a couple of bits and pieces right and may have dealt with different people in different ways, but they also left behind the good, hard-working people who wanted to fix up their books. They will not be forgiven for it and nor will the Government.

Sentiment score: 0.07