A Fianna Fáil Senator has today alleged that sensitive information has leaked from Nama, resulting in the financial advantage of vulture funds and other investors.

Three of the most senior members of the Cabinet are under pressure to explain what they did to try and save nearly 400 jobs.

Fianna Fáil is calling for the Government to abandon the full property tax, which is due to be introduced next year, saying the Govt has "have made an utter mess" of the issue.

Taoiseach Enda Kenny has said he he hopes insolvency legislation will be in the Dáil before the summer break, but emphasised that it will only be of benefit to individuals genuinely in distress with their debts.