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NAMA Property Sales

Dáil Éireann Debate, Wednesday - 17 September 2014

Wednesday, 17 September 2014

Questions (1741)

Finian McGrath

Question:

1741. Deputy Finian McGrath asked the Minister for Arts, Heritage and the Gaeltacht her views on a proposal (details supplied) regarding the sale of the Bord Gáis Energy Theatre; and if she will make a statement on the matter. [33088/14]

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Written answers

The proposed sale of the Bord Gáis Energy Theatre is not a matter that comes under the statutory remit of my Department. My understanding is that is it being sold on the instructions of NAMA, a body for which I have no statutory responsibility. In any event, the level of funding that would be required to purchase the Bord Gáis Energy Theatre is not currently available to my Department. The allocation of existing funding towards the proposal would result in a significant reduction in the amount of Exchequer resources available to the arts sector generally and this is not something that I could feasibly contemplate.

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