Séamus Healy (Tipperary South, Workers and Unemployed Action Group)
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Question 98: To ask the Minister for Finance if he will intervene with the National Asset Management Agency to ensure that the 128 jobs under threat at two retail units in counties Tipperary and Kilkenny (details supplied), currently under the NAMA umbrella, are saved in view of the fact that these jobs in two viable businesses are under threat due to NAMA's attitude to job protection and retention; and if he will make a statement on the matter. [10481/11]

Michael Noonan (Limerick City, Fine Gael)
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NAMA informs me that the retail businesses referred to in the Deputy's question are owned by a partnership and that differences have emerged among some of the partners as regards the ongoing management of the businesses. NAMA is committed to contributing to the purposes of the Act which, inter alia, require it to contribute to the social and economic development of the State in addition to protecting the interests of the taxpayer by ensuring that the value of any assets securing its loans is not diminished. In this context, NAMA assures me that it is a particular priority for NAMA, in situations such as this, to minimise the adverse impact on the viability of any of the businesses involved or on the sustainability of any jobs that may be at stake. NAMA fully recognises the importance of ensuring the continued viability of businesses, which can generate cash flow to repay debt and provide sustainable employment.