Enda Kenny calls for NI co-operation in NAMA Inquiry

The Taoiseach Enda Kenny has met with opposition leaders over the setting up of an inquiry into the £1bn sale of NAMA assets.

The Irish Premier met the leaders at Leinster House, where it is believed they agreed to put in place a Commission of Inquiry.

The exact details of how that inquiry will come together is not yet known.

It came after a government watchdog claimed on Wednesday that NAMA, the Republic of Ireland's so-called 'bad bank', had potentially lost up to £190m in the sales linked to Northern Ireland.

Mr Kenny did acknowledge that any inquiry would not have legal power to investigate anything in Northern Ireland and that there were already investigations being carried out in NI by both government and the NCA.

"With two different sovereign states and two different jurisdictions, you couldn't operate that in any extent unless you had full co-operation," he said.

"Clearly there have been signals from Northern Ireland that that will not be so."

Sinn Féin President Gerry Adams said that the inquiry needed to reach into both sides of the border.

"It has to be all-island, at leas there needs to be maximum co-operation," he said.

"There is precedent for doing this, it is possible to do it, but there may be a lack of political will on the part of the DUP."