Written answers
Wednesday, 17 January 2024
Department of Finance
National Asset Management Agency
Paul Murphy (Dublin South West, RISE)
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316. To ask the Minister for Finance if the National Asset Loan Management Ltd is still the owner of a property (details supplied). [56604/23]
Michael McGrath (Cork South Central, Fianna Fail)
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As the Deputy may be aware, NAMA does not typically own or control properties; rather NAMA owns loans for which the properties act as security. The properties securing NAMA’s loans are owned and controlled by their registered owners or appointed receivers in the case of enforcement.
I wish to advise the Deputy that by virtue of Sections 99 and 202 of the NAMA Act, NAMA is legally precluded from disclosing confidential debtor information, including specific details relating to secured assets.
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