I am advised by the National Asset Management Agency (NAMA) that information relating to its debtors and/or their properties is, within the meaning of Sections 99 and 202 of the National Asset Management Agency Act 2009, confidential and that it is therefore precluded from providing the information sought by the Deputy. In the case of property under the control of debtors, NAMA is precluded, under Section 202 of the NAMA Act, from disclosing confidential information. Confidential information is specifically defined to include information relating to debtors. Furthermore, Section 99 of the Act provides that, on acquisition of a loan, NAMA takes over the obligations of the participating institutions under the loan, one of which is the contractual duty of confidentiality which the debtor enjoyed while still a customer of the participating institution. Information about debtors or their properties is also protected against disclosure by the Data Protection Act Acts with which NAMA must comply as data controller.
Properties under the control of receivers or other insolvency professionals appointed by NAMA are listed on its website at www.nama.ie.
