Dáil debates

Thursday, 12 November 2009

National Asset Management Agency Bill 2009: From the Seanad

 

1:00 pm

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)

The business plan will be drawn up by the board of NAMA. On the difficulties in the hotel sector, I have not yet had an opportunity to examine the report to which Deputy Burton referred. Clearly, the board of NAMA will have to take a commercial view on what is appropriate for the sector in the context of whatever banks assets it takes over in the sector. While I am aware that there are bank assets in connection with hotels, I am not clear on the question of private hospitals. I have not had a report to date that the bank assets to be transferred would include private hospitals. That is an issue which the board of NAMA will have to deal with in due course.

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