Written answers
Thursday, 18 December 2014
Department of Finance
NAMA Receivers
Michael McGrath (Cork South Central, Fianna Fail)
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98. To ask the Minister for Finance the amount of fees incurred by the National Asset Management Agency in respect of the appointment of receivers to NAMA debtors in each of the years to 2013 to date in 2014; the number of receivers that have been appointed by NAMA for each of these years; and the number of different professional firms that have been appointed as receivers by the agency. [49233/14]
Michael Noonan (Limerick City, Fine Gael)
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Details relating to NAMA receivership appointments and receiver fees* for the period 2010 to YTD in 2014 are set out below:
| Period | Appointments** | Total Fees €m |
|---|---|---|
| 2010 | 79 | 2.08 |
| 2011 | 67 | 15.19 |
| 2012 | 63 | 19.23 |
| 2013 | 101 | 21.92 |
| 2014 to Date | 66 | 18.27 |
Notes:
*Receiver fees form part of the receivership and are met out receivership realisations
**Excluding 67 appointments made prior to NAMA's acquisition of the loans.
I am advised by NAMA that it has selected 68 separate firms from a panel appointed after a public procurement process in respect of the 443 appointments.
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