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NAMA Assets Sale

Dáil Éireann Debate, Tuesday - 7 July 2015

Tuesday, 7 July 2015

Questions (153)

Brendan Smith

Question:

153. Deputy Brendan Smith asked the Minister for Finance if he will provide, in tabular form, the dates and location of all meetings which took place between his Department and the National Asset Management Agency's Northern Ireland advisory committee from 1 March 2011 to date in 2015; and if he will make a statement on the matter. [27684/15]

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Written answers

I can confirm to the Deputy that there were no meetings between my Department and NAMA's Northern Ireland Advisory Committee. The principal responsibility of the Northern Ireland Advisory Committee was to advise the NAMA Board in relation to strategy for its Northern Ireland assets. The Deputy will note that the NAMA Board, with my agreement as Minister for Finance, having regard to the implications of the sale of the Northern Ireland loan portfolio (Project Eagle) for the Northern Ireland Advisory Committee, resolved to dissolve the Committee following its meeting on 8th September 2014.

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