Written answers

Wednesday, 22 February 2012

Department of Finance

Ministerial Appointments

8:00 pm

Photo of Brian StanleyBrian Stanley (Laois-Offaly, Sinn Fein)
Link to this: Individually | In context

Question 32: To ask the Minister for Finance if he intends to appoint someone from a company (details supplied) to the National Asset Management Agency, NAMA, advisory board; if he will outline if such an appointment will be made from the advisory company or the investment company; if he believes a conflict of interest will arise as a result someone from this company being on the NAMA advisory board and this company subsequently purchasing assets in NAMA; and if he will make a statement on the matter. [9971/12]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context

I have appointed Mr Michael Geoghegan to chair a small group of advisors to advise me on the future strategic direction of NAMA. Mr Geoghegan has agreed to carry out his role on a pro bono basis. I am currently considering the names of potential candidates who have the appropriate experience and background to work effectively on the group of advisors with Mr Geoghegan. I expect to announce the other members shortly. At that stage, I will also announce the group's terms of reference, as well as its reporting framework and arrangements in relation to costs.

Comments

No comments

Log in or join to post a public comment.