Written answers

Tuesday, 19 February 2013

Photo of Terence FlanaganTerence Flanagan (Dublin North East, Fine Gael)
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To ask the Minister for Finance the number of staff from the old Irish Bank Resolution Corporation that the National Assets Management Agency expects to re-employ; the length of time he expects staff contracts to last; and if he will make a statement on the matter. [8872/13]

Photo of Terence FlanaganTerence Flanagan (Dublin North East, Fine Gael)
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To ask the Minister for Finance when he expects the National Assets Management Agency to draw up a new business plan as a consequence of the liquidation of the Irish Bank Resolution Corporation; and if he will make a statement on the matter. [8873/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I propose to take Questions Nos. 293 and 294 together.

I am advised by NAMA that as it will not have visibility on the portfolio to be acquired until late August, following the completion of a loans valuation and sales process by the Special Liquidators, it is premature at this stage to comment on the matters raised by the Deputy.

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