Michael McGrath (Cork South Central, Fianna Fail)
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Question 153: To ask the Minister for Finance the human resource requirements anticipated at the National Asset Management Agency; the recruitment procedures that will be deployed; and if he will make a statement on the matter. [16693/09]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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Legislation to establish and govern the operation of the National Asset Management Agency (NAMA) will be introduced during the summer legislative session. Initial work on the preparation of the legislation is under way in parallel with preparation for the operation of the NAMA. I am currently considering the establishment of NAMA on a non-statutory interim basis with a view to undertaking the initial scoping work required. This will include work on assessment of the human resource requirements and potential recruitment processes.