No state inquiry into Nama unless Enda Kenny convinced

Enda Kenny has said he will not set up a state inquiry into the Nama controversy unless he is “absolutely convinced” it is necessary because he does not want to waste taxpayers’ money.

The Taoiseach detailed the situation, and ruled out a cross-border investigation for legal reasons, as Cabinet prepares to sign off on and publish a 700-page report into the scandal today.

Speaking on the final day of Fine Gael’s two-day pre-Dáil think-in in Co Kildare, Mr Kenny stressed that despite the public interest in the case, authorities must be “careful” and not negatively impact on ongoing criminal investigations.