Dáil debates

Thursday, 22 November 2018

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions

NAMA Operations

10:50 am

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

On the end-of-life strategy, did the Minister state it will be the end of 2021 before the agency is wound up? My understanding until now was that the projected date for the winding up of the agency was 2020. The Minister might deal with that issue.

Will the Minister give me an update on the carrying value of loans that remain with NAMA? At the end of 2017, the figure was €3.2 billion, net of impairments. Approximately 10% of that portfolio was London based and 64% Dublin based, with the remainder based around the rest of the Republic of Ireland. Will the Minister update us on that issue? Will he advise me whether there is a crossover between NAMA and the new Land Development Agency? Does he intend to have a transfer of expertise and personnel? What relationship is there between the two agencies?

Will the Minister clarify the end date and the nature of the work that will be outstanding after NAMA's last loan portfolio is sold?


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