Lucinda Creighton (Dublin South East, Fine Gael)
Link to this: Individually | In context

Question 199: To ask the Minister for Finance the number of enforcement actions the National Asset Management Agency has taken against developers where viability is not being demonstrated or where the borrower is not co-operating with the process; the number of court proceedings the agency has taken against borrowers; the numbers of enforcement proceedings against debtors whose loans have not yet transferred to the agency, that have been initiated by participating institutions and authorised by the agency; and if he will make a statement on the matter. [41714/10]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
Link to this: Individually | In context

NAMA has given its authorisation to participating institutions to initiate enforcement proceedings against fifteen debtors whose loans have yet to transfer. In the case of one other debtor whose loans have been acquired, NAMA has initiated proceedings directly.