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Written Answers — Department of Finance: National Asset Management Agency (31 May 2023)

Catherine Murphy: 45. To ask the Minister for Finance the date on which NAMA will be dissolved; and if he and/or his officials have prepared the heads of a NAMA-dissolution Bill. [26616/23]

Written Answers — Department of Finance: National Asset Management Agency (31 May 2023)

Michael McGrath: As the Deputy is aware, NAMA was established in December 2009 as part of the State’s response to the 2008 banking crisis with a very specific legal mandate, which was approved by the European Commission. NAMA has been successful in achieving this mandate. To date, €3.9 billion has been paid by NAMA to the Exchequer, including €3.5 billion in cash surplus payments and...

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