Tuesday, 27 May 2014

Questions (133)

Stephen Donnelly

Question:

133. Deputy Stephen S. Donnelly asked the Minister for Finance if it remains the position on the part of the National Asset Management Agency that the maximum amount it can recover on a loan is the par value of the loan; and if he will make a statement on the matter. [22848/14]

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Written answers (Question to Finance)

I am advised by NAMA that the majority of loan documentation permits a maximum recovery of outstanding par debt plus interest and fees.