Dáil Éireann Debate, Thursday - 14 February 2013
134. Deputy Michael McGrath asked the Minister for Finance if he intends to revise corporate governance oversight process in respect of National Asset Management Agency in view of its increased portfolio of assets and the revised promissory note arrangements; and if he will make a statement on the matter. [7902/13]
View answerThere is a robust corporate governance oversight process in place in respect of the National Assets Management Agency. The Agency’s corporate governance oversight process is derived from the NAMA Act 2009, which includes provision for codes of practice and public accountability. The NAMA Board has also adopted the Code of Practice for the Governance of State Bodies.
The corporate governance oversight process in respect of the National Assets Management Agency will be kept under review as the IBRC liquidation progresses.
