Dáil Éireann Debate, Tuesday - 15 June 2021
327. Deputy Catherine Murphy asked the Minister for Finance if a schedule will be provided of the transactions NAMA has had historically with companies (details supplied); the value of same; the breakdown by the asset type involved in each transaction, that is, land, completed buildings and part completed buildings and sites with and without planning and or zoning; and the locations of same. [30577/21]
Amharc ar fhreagraThe Deputy will be aware that, under sections 99 and 202 of the NAMA Act 2009, NAMA is unable to divulge confidential information regarding NAMA debtors or their assets, or commercial transactions in which they are involved.
Notwithstanding these statutory and legal limitations, I am advised by NAMA that there have been limited sales of loans and assets to one of the three named parties. I have been advised that first two of the named parties are not NAMA debtors. No assets of the third named party (who was a debtor) were ever sold to any of the two first named parties and NAMA never had any engagement from the first two named parties with respect to the third named party’s assets.
NAMA debtors and receivers have sold assets to the first of the named parties who is unconnected to NAMA (is not a debtor) and all sales of assets to this entity were openly marketed by debtors and receivers and undertaken in full compliance with section 172 of the NAMA Act.
