Dáil Éireann Debate, Tuesday - 27 March 2018
189. Deputy Jonathan O'Brien asked the Minister for Finance the person or body to which the National Assets Management Agency sold a site (details supplied); and if he will make a statement on the matter. [13882/18]
Amharc ar fhreagraAs Minister for Finance I have no role in respect of NAMA's commercial operations. Accordingly, I am not aware of specific details in relation to this particular transaction nor am I aware of the identity of the purchaser. Furthermore NAMA is subject to legal constraints which prohibit it from disclosing confidential information relating to its debtors and the assets under their control.
The Deputy will be aware that the agency has established a dedicated email address for general queries and representations from Oireachtas members, oir@nama.ie. This email is monitored regularly, and queries are responded to promptly, while observing the statutory principle of debtor confidentiality that is set out in the NAMA Act.
It is important to note that NAMA does not own property. Its role is as a secured lender and the property assets securing NAMA’s loan portfolio remain under the ownership and control of debtors and receivers. Where a property is being sold, NAMA’s open marketing guidelines require that a sales agent be appointed and the property openly marketed.
