Dáil debates

Wednesday, 23 October 2013

Other Questions

NAMA Portfolio Issues

2:30 pm

Photo of Jan O'SullivanJan O'Sullivan (Limerick City, Labour) | Oireachtas source

-----but we can try. To give the Deputy an example, in Cavan, 47 were identified and 35 were identified in Leitrim. None of those were deemed suitable whereas in Galway city, 117 were identified and all 117 were considered suitable. In the Deputy's county of Offaly, 79 were identified and 64 were considered suitable. I do not know the exact reasons the particular ones were not suitable in Cavan and in Leitrim but we will get as much information as we can for the Deputy.

On the other question, NAMA does some work on the properties if they need it but one of the reasons some of them might not be suitable is that the amount of work to be done might be too great. Some of the estates have very little work done. They may just have the bare four walls and it may not be deemed appropriate to complete them. I do not know. That is conjecture but they have to be in an appropriate condition for use when they are handed over by NAMA.

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