Dáil Éireann Debate, Tuesday - 27 June 2017
150. Deputy Richard Boyd Barrett asked the Minister for Finance the percentage discount a company (details supplied) received relating to the par value and the market value at the time of purchasing from NAMA apartments in Balally, in particular, and other property; and if he will make a statement on the matter. [29530/17]
View answerI am advised by NAMA that the asset to which the Deputy refers was one of numerous assets securing a loan portfolio which NAMA sold in 2016 following an open and competitive sales process. The Deputy will be aware that information relating to the valuation of specific assets and the value of the loans those assets secure is confidential and commercially sensitive information. NAMA is prohibited from disclosing such information by reference to the provisions of sections 99 and 202 of the NAMA Act.
