Peter Mathews (Dublin South, Fine Gael)
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Question 71: To ask the Minister for Finance the status of land (details supplied) in the National Asset Management Agency; if this site will be put on the open market; if this site is being sold to a local authority; if NAMA or its agents sought offers for this site or are following up on offers or inquiries about this site; if NAMA has met any local groups regarding this site; and if he will make a statement on the matter. [40187/11]

Michael Noonan (Limerick City, Fine Gael)
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NAMA informs me that it has met with one interest group and has also been contacted by a local authority regarding this property. This property is listed on the NAMA website as one of the properties subject to enforcement action. I understand from NAMA that the property has been offered for sale on the open market by a receiver, RSM Farrell Grant Sparks, appointed by NAMA. The receiver previously has had discussions with a number of interested parties and NAMA advise me that additional expressions of interest can be directed towards the receiver at namaproperties@rsmfgs.ie .

NAMA advise me that the appointment of a sales agent by the receiver is imminent. The sales agent will seek purchase offers from interested parties. Any offers made will be submitted by the receiver to NAMA for the final decision as to which offer should be accepted.

Gerry Adams (Louth, Sinn Fein)
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Question 73: To ask the Minister for Finance the annual salary, expenses or other entitlements of the chairman of the National Asset Management Agency; if the person is in receipt of any other pensions from the State or receives any payments from their membership of any other State boards. [40215/11]

Michael Noonan (Limerick City, Fine Gael)
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The fee payable to Frank Daly in respect of his functions as Chairman of the NAMA Board is €150,000 for 2011, on the basis of his full time availability. I am informed by NAMA that expenses totalling €3,199 have been paid to him in the year 2010 and in the year 2011 to date. As a retired Chairman of the Revenue Commissioners, Mr Daly is also in receipt of an annual pension of €114,893.40 which takes account of a reduction of € 11,978.10 in respect of Public Service Pension Reduction.

Mr Daly receives no other payment from membership of State boards.