Wednesday, 27 November 2013

Questions (39)

Seán Ó Fearghaíl


39. Deputy Seán Ó Fearghaíl asked the Minister for Finance if he will consider the matters raised in correspondence (details supplied); if he will assist in securing the payment owed; and if he will make a statement on the matter. [50955/13]

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Written answers (Question to Finance)

As the Deputy will be aware NAMA’s role is generally that of a secured lender. Like any bank they own the debt while the debtor or appointed liquidator owns and controls the properties associated with that debt. Any attempt to influence NAMA on this matter, would contravene Section 221 of the NAMA Act, which makes it an offence to communicate with NAMA with the intention of influencing the making of a decision in relation to the performance of its functions. This being the case it would be inappropriate for me or my officials to intervene in a private legal matter. NAMA have set up, for individuals to contact them directly on any issues. I can assure the Deputy that this address is actively monitored and is the best way for your constituent to engage in a dialogue directly with NAMA.