Mattie McGrath
Ceist:42. Deputy Mattie McGrath asked the Minister for Finance the housing and commercial properties in the possession of NAMA in County Tipperary; and if he will make a statement on the matter. [42980/17]
Amharc ar fhreagraTuesday, 10 October 2017
Ceisteanna (42)
Freagraí scríofa
The Deputy will be aware that NAMA does not, in general, own property. Rather, NAMA acquired loans for which the properties act as security.
Under Sections 99 and 202 of the NAMA Act, NAMA is prohibited from disclosing confidential debtor information, including information on the location and type of assets owned by debtors. It is therefore not possible to identify particular assets which secure NAMA loans in County Tipperary, as to do so would identify the owners as NAMA debtors.
I am advised by NAMA that its debtors and receivers control only a small number of properties in County Tipperary; as at 31 December 2016, just 0.05% (€586k) of the remaining NAMA-secured property portfolio was located in County Tipperary.