Oireachtas Joint and Select Committees

Tuesday, 13 November 2012

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht

2013 Allocations for Public Expenditure
Vote 25 - Department of the Environment, Community and Local Government

3:10 pm

Photo of Dessie EllisDessie Ellis (Dublin North West, Sinn Fein) | Oireachtas source

Is it true that NAMA is holding substantial funds of approximately €2 billion in cash? Apart from the assets it is holding, is it possible to put pressure on it to access funding? If the funding is just sitting there then it makes sense for us to chase it.

What level of local government cuts will be introduced in the coming year? Reference was made to the amount previously. I am concerned that the funding is being continually cut.

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