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NAMA Loans Sale

Dáil Éireann Debate, Wednesday - 26 July 2017

Wednesday, 26 July 2017

Questions (104)

Michael McGrath

Question:

104. Deputy Michael McGrath asked the Minister for Finance his views on a matter raised in correspondence concerning a loan sale by NAMA (details supplied). [35070/17]

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Written answers

The Deputy will be aware that I, as Minister for Finance, have no role in respect of NAMA's commercial operations or decisions. Accordingly, I am not aware of specific details in relation to this particular transaction. The Deputy will also be aware that NAMA operates under the same obligation of confidentiality as banks, and that Sections 99 and 202 of the NAMA Act 2009 prohibit the disclosure of confidential debtor information.

I am advised that the Deputy has raised this matter directly with NAMA through the dedicated email address which the Agency established for queries and representations from Members of the Oireachtas. This is the most appropriate channel for such queries and I am further advised that NAMA has responded directly to the Deputy in relation to his particular query.

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