Dáil Éireann Debate, Tuesday - 18 December 2012
190. Deputy Ann Phelan asked the Minister for Finance if he will ascertain from the National Assets Management Agency the status of moneys paid by NAMA to Carlow County Council in respect of local estates upkeep of those estates and lighting and so on. [56937/12]
View answerAs the Deputy is aware NAMA has acquired loans from five Irish financial institutions and is not the owner/operator of properties. The Agency’s role is that of a secured lender. Other than properties that have been enforced, all of which are listed on NAMA’s website and which are managed by the appointed receivers/administrators, properties continue to be managed by their existing owners albeit NAMA takes a very close interest in their efficient management and sale with a view to maximum loan repayment in order to protect the position of the taxpayer. I am advised by NAMA that, given that its role is that of a secured lender, the situation outlined by the Deputy does not arise and queries relating to any individual property should be directed to its owner or, in the case of enforcement, the duly appointed receiver/administrator.
