Michael McGrath (Cork South Central, Fianna Fail)
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Question 181: To ask the Minister for Finance if he will respond to a query (details supplied) concerning the National Asset Management Agency legislation. [43058/09]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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NAMA's commercial mandate is to obtain the best achievable financial return on the assets acquired by it. The answer to the Deputy's question is that it entirely depends on the contractual terms of the loans and the security provided for each of the loans when they were advanced by the institution. The issue can only be assessed on a case by case basis and depends on the contracts entered into for the loans including whether the borrower entered into cross collateralisation arrangements.