Written answers
Wednesday, 20 February 2013
Department of Finance
NAMA Operations
Terence Flanagan (Dublin North East, Fine Gael)
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To ask the Minister for Finance if he will set out the new cash flow projections for the remaining lifetime of the National Asset Management Agency as a result of the liquidations of Irish Bank Resolution Corporation; and if he will make a statement on the matter. [9178/13]
Michael Noonan (Limerick City, Fine Gael)
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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 not possible at this stage to assess the possible impact of the acquisition of the unsold element of the IBRC loans portfolio on cash flow projections for NAMA.
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