Independent TD Mick Wallace has said he will give the name of the company at the centre of the allegations against NAMA he made in the Dáil yesterday to the gardaí. 

Speaking on RTÉ’s Morning Ireland, Mr Wallace also defended his decision to raise allegations against a NAMA official in the Dáil and criticised the Government's handling of deals done by the State body.

He said he was raising serious questions about NAMA and he believed the answers could only be drawn up by an independent body.

"Only an independent commission of investigation is going to get them for us. I think it is really unfortunate that the Government does not have an appetite to serve the public interest here because only a commission of investigation, an independent one, is going to satisfy that."

Mr Wallace rejected the option of going before the Public Accounts Committee with his concerns about NAMA, saying it would be a pointless exercise.

"The PAC have done some good work but it does not have the mechanism to hold NAMA to account. We need to set up an organisation and have some law enforcement from abroad."

He believes that "with millions of assets still to be sold", a lot of money can be saved for the taxpayer. 

He also said there have been huge question marks about many of the deals being done including Project Eagle, which has been described as the largest property sale in Ireland's history.

"When the Government were in opposition, Enda Kenny called this a secret society".

Speaking on RTÉ's Today with Sean O'Rourke, Mr Kenny said that he believed Mr Wallace voiced his concerns about the operation of NAMA in the Dáil as he felt it was an area of massive public concern, but that he should have gone to gardaí with the information.

NI committee critical over NAMA refusal to give evidence

A Stormont committee investigating allegations that millions of pounds in fees from the sale of NAMA's Northern Ireland property portfolio had been earmarked for a politician or political party in the North has criticised the refusal of NAMA officials to give evidence to the committee.

Finance Committee chairman Daithi McKay said it was an insult to the committee that NAMA had refused to attend to give evidence.

He said the committee would be writing to Minister for Finance Michael Noonan asking him to strongly advise NAMA  officials to attend the committee meetings at Stormont.

The committee’s deputy chairman, Dominic Bradley, said that if NAMA executives continued to refuse to give evidence they could be compelled to attend and he said the committee should to go to  the extent of its powers to get NAMA to attend.

Officials from the Law Society of Northern Ireland were present at the committee hearing, but were not called to give evidence as it adjourned to redraft its terms of reference.

The committee is re-framing its terms of reference after concerns were raised by the British National Crime Agency that any future trial would not be prejudiced.