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NAMA Expenditure

Dáil Éireann Debate, Thursday - 16 January 2014

Thursday, 16 January 2014

Questions (66)

Terence Flanagan

Question:

66. Deputy Terence Flanagan asked the Minister for Finance if he will provide a full breakdown of the set-up costs in the establishment of the National Asset Management Agency; and if he will make a statement on the matter. [2036/14]

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Written answers

NAMA’s establishment costs are set out in the Comptroller and Auditor General’s special report into NAMA’s ‘Acquisition of Bank Assets’, which was published in October 2010 and is available on the NAMA website, www.nama.ie. As per this Report, the costs incurred by the NTMA in the establishment of NAMA totalled €2.3 million.

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