Dáil Éireann Debate, Thursday - 29 June 2017
107. Deputy Mick Wallace asked the Minister for Finance further to Parliamentary Questions Nos. 15 and 31 of 18 May 2017, the reason Project Shift was not discussed at Northern Ireland advisory committee meetings; if a person (details supplied) advised the debtor regarding the project; and if he will make a statement on the matter. [30742/17]
View answerI am advised by NAMA that, as the loans secured by the Project Shift properties were included in the Project Eagle loan portfolio, it is likely that the recently established Commission of Investigation, which is under the remit of the Department of An Taoiseach, will consider that Project Shift falls within its terms of reference. On that basis, I am advised by NAMA that it considers it prudent not to comment further on these matters.
I am advised by NAMA that the Agency will co-operate fully with the work of the Commission of Investigation and in the course of that work, NAMA expects to provide the Commission with materials in relation to Project Shift and to address fully any questions the Commission may have in relation to Project Shift.
