NAMA Operations

Dáil Éireann Debate, Tuesday - 18 February 2014

Tuesday, 18 February 2014

Ceisteanna (211)

Pearse Doherty

Ceist:

211. Deputy Pearse Doherty asked the Minister for Finance further to statements by the chairman of the National Asset Management Agency on 8 March 2012 to the Joint Committee on the Implementation of the Good Friday Agreement when he stated it had made 15 insolvency appointments in Northern Ireland and made 214 appointments in total and proportionate to the portfolio and that is not unreasonable, if he will provide the up-to-date position on the quantum of insolvency appointments in Northern Ireland; and the total number of appointments made by NAMA. [8179/14]

Freagraí scríofa

Minister for Finance

I am advised by NAMA that its enforcement in Northern Ireland is proportionate to the scale of its exposure to Northern Ireland debtors and in line with the approach adopted in other jurisdictions in which it operates.  NAMA advises that it has taken enforcement against 19 Northern Ireland debtor connections and against 280 debtor connections or part thereof in total.