Dáil Éireann Debate, Thursday - 22 November 2018
67. Deputy Michael McGrath asked the Minister for Finance the number of NAMA loan sales that have been subjected to review by the Comptroller and Auditor General; the names of the loan sales; the amount of proceeds received from each loan sale under review by the Comptroller and Auditor General; and if he will make a statement on the matter. [48812/18]
View answerThe Comptroller and Auditor General is independent in the exercise of his functions and therefore my Department does not have access to the information requested.
The C&AG does report publicly on material findings emerging from his work. Chapter 6 of the C&AG's second progress report on NAMA, published in June 2018, examined the processes applied by NAMA in eleven loan sales, covering the period 2011 to 2016. The C&AG also published a special report on the Sale of Project Eagle which examined the loan sales process for a portfolio of Northern Ireland debtor loans.
