Thursday, 19th October 2017
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Deasy points to NAMA’s support for Waterford

Kenny accused of classic fudge; shopping centre appeal lodged Fine Gael TD John Deasy has accused Enda Kenny of throwing “good public servants” in NAMA “under a bus” when the Agency has been “nothing but helpful” in Waterford’s efforts to secure a badly needed large-scale retail development in the city centre.

Fine Gael TD John Deasy has accused Enda Kenny of throwing “good public servants” in NAMA “under a bus” when the Agency has been “nothing but helpful” in Waterford’s efforts to secure a badly needed large-scale retail development in the city centre.

Deasy told Tuesday’s Irish Times: “The way the Government is being run right now is that once the media goes in a particular direction, the Taoiseach follows”. He said setting up an inquiry into NAMA over the Project Eagle controversy is a “classic” case in point and has “more to do with keeping Fianna Fail and the Independents happy.”

He believes there should have been no inquiry until all criminal investigations had concluded and said the Cabinet had “abdicated leadership” by beginning the process of establishing one when Michael Noonan had previously said there was no reason to. He feels the Finance Minister “folded to Enda Kenny, who just wants all of this to go away.”

Deasy was vice-chairman of the Public Accounts Committee when it examined the Northern Ireland loans portfolio, saying it was wrong not to have halted the deal once it was alerted to alleged ‘success fees.’

He told the Irish Times: “The Taoiseach will kick any can down the road to avoid making unpopular decisions and if that means spending millions and throwing some good public servants under a bus to keep the Government going for a few months, that now seems to be acceptable.”

It emerged this week that a planning appeal has been lodged against the proposed Michael Street shopping complex which will, at the very least, delay the project by several months.

Deasy said that in a Waterford context NAMA “have been nothing but helpful in relation to this development; pushing hard to get a scaled down version of what was originally proposed over the line. They’ve made it a priority over the last few years to get this off the ground and I’ve really high regard for the officials at the top of NAMA.”

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