James Bannon (Longford-Westmeath, Fine Gael)
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Question 123: To ask the Minister for Finance his plans for parliamentary oversight of the National Asset Management Agency. [11559/10]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The subject of reporting by NAMA was extensively debated during the course of the NAMA legislation through the Oireachtas. There are substantial provisions already in the Act dealing with transparent reporting by NAMA and oversight of NAMA by the Oireachtas. In particular, the Act provides for NAMA to submit to me quarterly reports, which I shall lay before each House of the Oireachtas, as well as sending a copy to a Committee appointed by the Oireachtas to deal with NAMA. The appointment of such a Committee is a matter for the Oireachtas.