Thursday, 30 May 2013

Questions (80)

Michael McGrath

Question:

80. Deputy Michael McGrath asked the Minister for Finance the action that the National Asset Management Agency will undertake if it believes it was furnished with a deliberately misleading statement of affairs; and if he will make a statement on the matter. [26538/13]

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Written answers (Question to Finance)

The provision of false or inaccurate information to NAMA as part of a sworn statement of affairs by debtors is a criminal offence, under Section 7 of the NAMA Act. NAMA has no hesitation in fulfilling its statutory obligations. I am advised by NAMA that it has, to date, referred two formal complaints to the Garda Bureau of Fraud Investigation arising from the possible failure by debtors to fully disclose their assets and liabilities in their statements of affairs to the Agency.