Written answers

Wednesday, 10 March 2010

Department of Finance

National Asset Management Agency

11:00 pm

Photo of Michael D HigginsMichael D Higgins (Galway West, Labour)
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Question 103: To ask the Minister for Finance if he has been approached by any interested parties with respect to taking shareholdings in the National Asset Management Agency special purpose vehicle; when he expects these investments to be concluded and the terms; his views on whether such shareholdings were to be held by the investment arms of credit institutions participating in NAMA; and if he will make a statement on the matter. [11659/10]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
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This is an issue for the Board of NAMA, which advises me that NAMA is in advanced discussions with a number of interested parties who have indicated an interest in becoming shareholders in the NAMA Master SPV.

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