Written answers

Tuesday, 16 July 2013

Department of Finance

NAMA Legal Issues

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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260. To ask the Minister for Finance ff his attention has been drawn to a letter sent on 17 June from the National Assets Management Agency to a number of litigants in a case in New York, where the issue of Anglo overcharging interest on loans is being heard the contents of which include an implicit threat to the litigants to cease their action or face potential loan foreclosure and receivership; and if he will make a statement on the matter. [34762/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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In line with longstanding practice, I do not comment on matters which are before the Courts.

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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261. To ask the Minister for Finance if his attention has been drawn to evidence given in a trial currently taking place involving the National Assets Management Agency and a person (details supplied) where it has been alleged that David Drumm in his role in Anglo Irish Bank at the time, agreed to the transfer of interest in a loan that was held in this person's name to other members of their family; if his attention has been drawn to a verbal transfer of loan interest being a practice in Anglo Irish Bank; and if he will make a statement on the matter. [34763/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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It would not be appropriate for me to comment on this matter which is currently before the courts.

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