Gormley vows to push for more NAMA changes

Gormley vows to push for more NAMA changes

Green Party leader John Gormley has said his party will push for a new and improved version of the NAMA legislation agreed by the coalition parties.

Mr Gormley was speaking after the vast majority of Green Party members expressed dissatisfaction with the bill as it currently stands during a meeting over the weekend.

The most popular option among those attending the meeting was a NAMA-style agency that only pays market value for bad loans that it buys from the Irish banks.

The Greens will not make a final decision on the matter until a special convention scheduled for next month.

Speaking in Dublin today, Mr Gormley said party members were satisfied with the amendments already secured by the Green leadership.

He said he now wanted to see a "social dividend" included in the NAMA bill to ensure society benefits from the plan.

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