Pearse Doherty (Donegal South West, Sinn Fein)
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Question 211: To ask the Minister for Finance following the publication on 24 May 2012 of the special report by the Comptroller and Auditor General which examined the National Assets Management Agency's management of its assets, if there have been any prosecutions or other legal action in respect of developers who omitted assets from schedules which required a declaration from the developer pursuant to the Statutory Declarations Act 1938 as part of the NAMA business plan review process. [27941/12]

Michael Noonan (Limerick City, Fine Gael)
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I am advised by NAMA that there have been no prosecutions to date for submission by debtors of inaccurate Statements of Affairs. As the Deputy will be aware, prosecutions in such cases are a matter, not for NAMA, but for the relevant law enforcement authorities. NAMA advises that one case is being reviewed to assess whether there may be a basis for onward referral to the appropriate authorities.