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National Asset Management Agency

Dáil Éireann Debate, Wednesday - 17 January 2024

Wednesday, 17 January 2024

Questions (316)

Paul Murphy

Question:

316. Deputy Paul Murphy asked the Minister for Finance if the National Asset Loan Management Ltd is still the owner of a property (details supplied). [56604/23]

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Written answers

As the Deputy may be aware, NAMA does not typically own or control properties; rather NAMA owns loans for which the properties act as security. The properties securing NAMA’s loans are owned and controlled by their registered owners or appointed receivers in the case of enforcement.

I wish to advise the Deputy that by virtue of Sections 99 and 202 of the NAMA Act, NAMA is legally precluded from disclosing confidential debtor information, including specific details relating to secured assets.

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