Alan Ahearne: Is he stupid or does he think we're stupid?

Former government advisor Alan Ahearne on media claims that NAMA is a secretive and unaccountable organisation.

I mean if you think about the banks who lent the money, and the banks still hold some loans to developers, they dont release information either about borrowers or loans.

They don’t release that detailed information. It would be breach of confidentiality laws if they did.

So I think trying to hold NAMA to a higher standard than the banks doesn’t seem particularly sensible.

It’s difficult to decide whether Ahearne actually believes his own bullshit or whether he thinks Irish citizens are stupid enough to swallow it.