Written answers
Wednesday, 10 March 2010
Department of Finance
National Asset Management Agency
11:00 pm
Tommy Broughan (Dublin North East, Labour)
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Question 76: To ask the Minister for Finance when he will publish an updated National Asset Management Agency business plan. [11628/10]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The publication of a Business Plan is a matter for the Board of NAMA which was appointed in December 2009. I am aware that the Board proposes to review the draft Business Plan published in October 2009 in the light of the extensive due diligence process currently under way and that any update to the Plan will be informed by the valuation of loans being transferred over the coming months. I am advised by NAMA that the NAMA Board proposes to publish a revised Business Plan by the 30th June 2010.
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