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Dáil Éireann Debate, Tuesday - 28 January 2014

Tuesday, 28 January 2014

Questions (211)

Michael McGrath

Question:

211. Deputy Michael McGrath asked the Minister for Finance the reason the National Asset Management Agency is re-tendering the contract to manage loans received as a result of the Irish Bank Resolution Corporation liquidation; and if he will make a statement on the matter. [4164/14]

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Written answers (Question to Finance)

As the Deputy will be aware the appointment of service providers is a commercial decision for the Board of NAMA, I have no role in this process.

I refer the Deputy to NAMA's public statement on this matter which sets out the decision by the NAMA Board.  It is available on its website at http://www.nama.ie/news/nama-announces-new-tender-servicing-ibrc-commercial-loans-may-acquired-special-liquidators/.

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