Written answers

Thursday, 16 July 2015

Photo of Lucinda CreightonLucinda Creighton (Dublin South East, Independent)
Link to this: Individually | In context | Oireachtas source

202. To ask the Minister for Finance if his Department has a policy in relation to National Asset Management Agency debtors selling property on behalf of the agency, receiving or asking for separate payments from purchasers of property over and above the sale price of the property; if he has been informed of any such events or attempted transactions; if so, whether he has outlined a policy or risk register on the matter; and if he will make a statement on the matter. [30101/15]

Photo of Lucinda CreightonLucinda Creighton (Dublin South East, Independent)
Link to this: Individually | In context | Oireachtas source

206. To ask the Minister for Finance if he has been informed of any attempts by debtors of the National Asset Management Agency to sell property on behalf of the agency, and to secure success or bonus payments for the sale of their property; if his Department has a policy or risk register on such issues; if he has not been informed, the reason for same; and if he will make a statement on the matter. [30102/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

I propose to take Questions Nos. 202 and 206 together.

NAMA has issued debtors and receivers with very clear requirements on the conduct of property sales.  These requirements are set out in NAMA's Guidance Note on the Disposal of Real Estate Assets by NAMA Debtors and Insolvency Office Holders, which is available on the NAMA website, .

I am not aware of any such scenario outlined by the Deputy, which would be completely unacceptable to NAMA, and I would urge the Deputy to bring to NAMA's immediate attention the details of any such case of which she is aware.

Comments

No comments

Log in or join to post a public comment.