Written answers
Tuesday, 15 October 2019
Department of Finance
NAMA Portfolio
Fiona O'Loughlin (Kildare South, Fianna Fail)
Link to this: Individually | In context | Oireachtas source
127. To ask the Minister for Finance the buildings owned by NAMA in Newbridge, County Kildare; and if he will make a statement on the matter. [41863/19]
Paschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source
As the Deputy may be aware, NAMA does not own property, rather NAMA has acquired loans for which properties act as security. I am advised by NAMA that its debtors and receivers control a small number of properties in Newbridge, County Kildare.
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 Newbridge as to do so would identify the owners as NAMA debtors.
No comments