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NAMA Operations

Dáil Éireann Debate, Thursday - 27 February 2014

Thursday, 27 February 2014

Ceisteanna (68)

Michael McGrath

Ceist:

68. Deputy Michael McGrath asked the Minister for Finance when the National Asset Management Agency review will be completed; if he has issued any policy instructions to NAMA prior to the conclusion of the review; and if he will make a statement on the matter. [10230/14]

Amharc ar fhreagra

Freagraí scríofa

As I outlined in Question 197 of 21st January 2014, my Department's review of NAMA is on-going, it cannot be completed until the final C&AG report has been received. I expect my Department's review of NAMA to be completed in the coming months.

In the context of this review, I have asked NAMA to evaluate their disposal timing and strategy in the context of current market demand and explore the advantages and disadvantages of accelerating its disposal strategy.  No decision will be taken on this matter until I receive feedback from NAMA on these points and my Department's review has been completed.

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