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National Treasury Management Agency Reports

Dáil Éireann Debate, Wednesday - 18 September 2013

Wednesday, 18 September 2013

Questions (153)

Michelle Mulherin

Question:

153. Deputy Michelle Mulherin asked the Minister for Finance the amount being spent by the National Treasury Management Agency on a yearly basis on surveillance both inside and outside the jurisdiction; and if he will make a statement on the matter. [37034/13]

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Written answers

The National Treasury Management Agency (NTMA) has advised that, excluding the National Asset Management Agency, the only applicable expenditure is incurred by the State Claims Agency (SCA). The NTMA is designated as the SCA when performing the claims management and risk management functions delegated to it under the National Treasury Management Agency (Amendment) Act 2000. As part of its functions in relation to the management of claims against the State, the SCA has checks carried out, in certain cases, to assist in the identification of any fraudulent claims. The SCA incurred expenses of €160,000 in relation to these services in 2012. At the end of 2012 the SCA had 5,755 active claims under management with an estimated outstanding liability of €1.1 billion.

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