Oireachtas Joint and Select Committees

Tuesday, 12 November 2013

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform

Freedom of Information Bill 2013: Committee Stage

6:55 pm

Photo of Seán FlemingSeán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

I will go back to those three issues. Amendment No. 12 refers to "receivers and administrators working for or employed by the National Asset Management Agency". I understand that in most cases in which NAMA is holding loans, companies bring in the receiver or administrator. It is done by the company with the agreement and full knowledge of NAMA, which is required to give its consent, but there are cases in which NAMA employs and appoints the receiver directly. I am talking about cases only in which NAMA appoints a receiver. That is the purpose of the amendment.

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