Dáil Éireann Debate, Thursday - 6 April 2017
113. Deputy Richard Boyd Barrett asked the Minister for Finance if he will request from NAMA the correspondence it had with a company (details supplied) during the due diligence processes, in particular regarding potential fire safety and structural defects and commercial negotiations therein in respect of an area (details supplied); and if he will make a statement on the matter. [17305/17]
Amharc ar fhreagraAs outlined in my previous response to Dáil Question 141 of 14 February 2017, NAMA held security over a number of properties within the referenced development. However, these properties were under the control of a receiver who had been appointed by a participating institution before NAMA acquired the associated loans.
I am advised by NAMA that it was the appointed receiver's responsibility to manage and maintain the properties and, in this instance, to also manage the sales process. I am further advised by NAMA that any documentation and correspondence relating to the sale is a matter for the receiver and the purchaser.
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 have not been provided with correspondence relating to this sales process nor do I propose to alter that by requesting such correspondence.
NAMA operates a dedicated email service for members of the Oireachtas, oir@nama.ie, should the Deputy wish to raise any matter directly with the Agency. This email is regularly monitored and Deputies will receive a prompt response. The Deputy will also be aware that NAMA is subject to the Freedom of Information Act.
