Nama de­ci­sion ‘in weeks’

Irish Daily Mail - - News -

THE an­nounce­ment that Nama could get in­volved in de­vel­op­ing hous­ing was not an off-the-cuff de­ci­sion, the Taoiseach said.

Leo Varad­kar said on Thurs­day that the Gov­ern­ment was con­sid­er­ing re­pur­pos­ing Nama to be­come a house builder.

He in­sisted yes­ter­day that the po­ten­tial change was be­ing fully thought through.

‘It is some­thing that has been un­der con­sid­er­a­tion for quite some time, a cou­ple of months. The first per­son to sug­gest it to me was Michael Noo­nan.’

He said Hous­ing Min­is­ter Eoghan Mur­phy and Fi­nance Min­is­ter Paschal Dono­hoe have been en­gag­ing with Nama and the Gov­ern­ment hopes to make a de­ci­sion ‘in a few weeks’.

Mean­while, he said he is strongly con­sid­er­ing the re­turn of bed­sits. ‘It’s some­thing that has to be con­sid­ered... while you are in a cri­sis sit­u­a­tion you ap­prove poli­cies to do things that you wouldn’t do if there was not a cri­sis.’

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