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National Asset Management Agency.

Dáil Éireann Debate, Tuesday - 19 January 2010

Tuesday, 19 January 2010

Questions (160, 161)

George Lee

Question:

220 Deputy George Lee asked the Minister for Finance the purpose of the National Asset Management Agency meetings with county managers and if NAMA had been lobbying to have land rezoned to increase its value; and if he will make a statement on the matter. [2048/10]

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George Lee

Question:

296 Deputy George Lee asked the Minister for Finance the purpose of the National Asset Management Agency’s meetings with county managers; if the National Assets Management Agency will be lobbying to have land rezoned to increase its value; and if he will make a statement on the matter. [1931/10]

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Written answers

I propose to take Questions Nos. 220 and 296 together.

I am informed that NAMA officials held a meeting with local authority officials at the request of the latter. As NAMA had not acquired any assets, the meeting was limited to a discussion of general issues and did not focus on how NAMA would operate in detail.

As regards the matter of lobbying referred to by the Deputy, I can assure the House that NAMA has not been lobbying to have land rezoned in order to increase its value. Neither do I expect such lobbying to occur in the future.

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