Written answers
Thursday, 16 January 2014
Department of Finance
NAMA Expenditure
Terence Flanagan (Dublin North East, Independent)
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66. To ask the Minister for Finance if he will provide a full breakdown of the set up costs in the establishment of the National Asset Management Agency; and if he will make a statement on the matter. [2036/14]
Michael Noonan (Limerick City, Fine Gael)
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NAMA’s establishment costs are set out in the Comptroller and Auditor General’s special report into NAMA’s ‘Acquisition of Bank Assets’, which was published in October 2010 and is available on the NAMA website, www.nama.ie . As per this Report, the costs incurred by the NTMA in the establishment of NAMA totalled €2.3 million.
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