Should we be surprised ?

Same old ding dong

I cant remember how many times did I say when it came to the banks or NAMA that ”anything of any value would be given away for a song to their friends, cronies or themselves”

However, I did not think that they would be this clumsy or obvious.

Imagine what’s going on behind closed doors?

I suppose on his salary, he was able to buy for cash.

National Assets Management Agency my you know what ??

Well for every one that becomes public I’m sure there are about 20 we don’t know and won’t find out about.

Sean the statement from Nama Management clearly shows that they knew nothing of the sale and thus establishes their credentials in the matter. Slipshod protocols or controls that would allow such to happen are one thing but the majority of postings here imply dishonesty right through the organisation and beyond. It is sad that we have so many people whose instincts are negative and derisory. They must lead very sad lives and certainly would find it heard to thrive in a market economy unless they were occupied in sinecures of some sort.

Mick, if there were clear protocols in place about employees purchasing property from the agency then no investigation would be needed. All the statement from NAMA above states is that the purchaser was not involved in the decision process. Who was actually involved in the decision process we don n’t know, there is even a suggestion that this property did not even come to the open market, we don’t know if this is the case. To me based in what is being made available a sale to an employee was facilitated, the circumstance behind it are far from clear when they did not need to be.

Sean, is the taxpayer not the employer in this instance? Surely facilitating employee discounts or preferential deals whilst at the same time trying to ensure the best return for the taxpayer doesn’t make sense?

Mick,
So we should all accept the NAMA statement at face value? If you find peoples instincts to be negative and derisory take the time to wonder why that is sometime.
Maybe one of the 200+ staff at NAMA paid an average of over 100k per annum could have come up with some protocols before now to avoid this scenario arising in the first place?
Call me negative but a tribunal in years to come exploring where it all went wrong with NAMA won’t surprise me in the least.
You should pop out of your bunker now and then and see real peoples lives are affected by the people and institutions you constantly cheerlead for.

Yes, I do honestly believe that not all government agencies are inherently corrupt. Maybe I’m overly optimistic, but I don’t see the point in being defeatist. There’s always the possibility that we’ll be happily surprised.

nikolas you are telling some porkies now which goverment agency do you work for

Dermot, none at all. I’ve not been involved in politics since the early nineties. Then I would have been seen as left. Now I’m as private sector as they come. The public sector sprawls too much to be effective.

Rommel I can quite understand why you may be in a bunker…you apparently have much to hide …even your name! I believe in the inherent honesty and integrity of people like the Senior Management of the NTMA and NAMA and the ate venue a commissioners etc. I’m naturally concerned about their ability to run large organisations in the present circumstances but to see them described as corrupt is disturbing as it is inaccurate and morally indefensible as a charge. It is also a very dangerous libel and we will see some of these aired in the Courts quite soon I believe.While they wii be instructional in terms of establishing new precedents don’t fool yourself into thinking that your safe using this medium . Anyone with minimal training can identify your electronic device and it’s location at the time of use so watch out .

Ah Mick, leave Rommel alone. You must work in Nama.

Now now Mick,
Keep your hair on. I have nothing to hide and every right to express an opinion. If you don’t like my opinion, well build a bridge……..
Nowhere have I described NAMA as corrupt so you can tell your legal eagles to cool their heels for a while at least.
In a more general sense, if you think the corruption endemic in Irish public life was eradicated in Feb 2011 then you are more deluded than I thought.
Good luck with your plans to censure the internet by the way.

@ Mick.I am describing those involved in this as corrupt. Now get your dogs and do your worst, I’m not intimidated by your threats. Come on, make me stop saying this. I challenge you!

Apologies – submitted by accident.

The headline would be “NAMA refuses sale of property to ex employee”, and there would still be uproar.

Get of your high horses, Stop with the begrudgery, give your tongues a break.

What’s it like living in Lucan Michael?

What’s your point Martin?

Michael. LBJ said that if he walked across the Potomac the headline would be ” President can’t swim”.

Why not put it to the Market by sealed bids ?

There’s always a delay when waiting for a reasonable comment on a politics or economics article, but it’s nice to know that’ll arrive sooner or later.