Stephen Donnelly (Wicklow, Independent)
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320. To ask the Minister for Finance further to Parliamentary Question 185 of 15 July 2014 where he stated that the National Asset Management Agency is currently not aware of any debtors being discharged from bankruptcy in Ireland or the USA, if this remains the case, given the discharge from bankruptcy of persons (details supplied); the way in which these cases were accounted for by NAMA; his views that cases where borrowers of the National Asset Management Agency are being declared bankrupt in any jurisdiction are being adequately accounted for; and if he will make a statement on the matter. [34664/14]

Michael Noonan (Limerick City, Fine Gael)
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It would not be appropriate for me or for NAMA to comment on the circumstances of any individual debtor or to comment in such a manner as would identify an individual debtor.  One of the debtors identified by the Deputy as being discharged is not a NAMA debtor.  NAMA advises me that it tracks all its debtors which declare bankruptcy. The Deputy will be aware that the discharge of any individual from a bankruptcy process is governed by the provisions of the relevant legislation in the jurisdiction concerned.  Depending on the jurisdiction it may take a period after discharge before a debtor's creditors are notified. I am advised by NAMA that it has procedures in place to monitor the discharge from bankruptcy of its debtors in all of the main jurisdictions.