Written answers

Tuesday, 18 December 2012

Department of Finance

National Asset Management Agency

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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To ask the Minister for Finance further to Parliamentary Question No. 139 of 11 December 2012, if he will confirm the fees paid by the National Assets Management Agency or its debtor for the provision of an independent valuation or independent valuations in the case of the sale of the property (details supplied). [56851/12]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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As advised in my response to your Parliamentary Question of 11th December 2012 (55389/12), I do not intend to go beyond the extensive information that NAMA, based on legal advice, has already made publicly available in respect of this transaction.

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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To ask the Minister for Finance further to the announcement by the Irish Bank Resolution Corporation in which he is the sole shareholder of 100% of the shares, that IBRC has engaged a person (details supplied) as chief risk officer and newspaper reports that he has approved a salary for them of more than €500,000 per annum, if he will identify the person or persons at the National Asset Management Agency who undertake a role equivalent to chief risk officer; and if he will confirm the salary or salary range payable by NAMA for those undertaking that function. [56863/12]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am advised by NAMA that its Annual Report for 2011, which is available on the NAMA website, www.nama.ie, provides details on its organisational structure, staffing resources and operating costs. Details of remuneration bands have been set out in recent in response to Parliamentary Question 47865/12. The NTMA, which assigns staff to NAMA, does not disclose details of the remuneration of individual members of staff.

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