Dáil Éireann Debate, Tuesday - 17 December 2013
163. Deputy Seán Ó Fearghaíl asked the Minister for Finance if a site (details supplied) in County Kildare could be made available for general community use, in view of the fact that it is zoned community and leisure but currently in the ownership of the National Asset Management Agency; and if he will make a statement on the matter. [54295/13]
View answerThe sale of property is a matter for the Board of NAMA, which is guided by its independent commercial mandate under the NAMA Act and the overriding requirement to maximise the realised value of assets securing its loans and the return to the Irish taxpayer. NAMA has been established as a fully commercial agency to operate under the direction of a Board of Directors by the NAMA Act. Section 221 of the NAMA Act, 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. As Minister for Finance, other than through formal binding directions to NAMA issued under Section 14 of the NAMA Act, I do not intervene in the commercial decisions of NAMA’s business and I would consider it inappropriate to do so.
If the Deputy wishes to raise a particular query with NAMA it can do so directly through the Agency’s dedicated email address for TDs and Senators, oir@nama.ie , which is in place to facilitate queries on constituency-related matters.
