Written answers
Tuesday, 2 November 2010
Department of Finance
National Asset Management Agency
9:00 pm
Joan Burton (Dublin West, Labour)
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Question 179: To ask the Minister for Finance when he expects the publication of the quarterly accounts for the National Asset Management Agency for the second quarter of 2010; and if he will make a statement on the matter. [39833/10]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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Section 55 of the NAMA Act, 2009 requires NAMA to make a quarterly report to the Minister for Finance within 3 months of the end of the quarter to which the report refers. The first quarterly report for the period ending 31 March 2010, accompanied by quarterly financial statements, was submitted to me within this required timeframe and I laid them before each House of the Oireachtas, as required by the Act. The second quarterly report for the period ending 30 June 2010, accompanied by financial statements for the second quarter, was submitted to me as required by the end of September 2010 and I expect to lay the report before each House of the Oireachtas shortly.
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