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NAMA Operations

Dáil Éireann Debate, Wednesday - 15 January 2014

Wednesday, 15 January 2014

Questions (115)

Pearse Doherty

Question:

115. Deputy Pearse Doherty asked the Minister for Finance the number of contacts, unsolicited and otherwise, that the National Asset Management Agency and its developers have received from former employees regarding the possible acquisition of the developers' properties. [55510/13]

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Written answers

I am advised by NAMA that it does not maintain a register of all individual contacts between former employees and the Agency. Nor would it be feasible to do so, given that there currently are over 330 staff assigned to NAMA and that over 60 staff have left the Agency since its inception. Furthermore, some former staff members would not possess any specific knowledge relating to either debtors or their properties as they were engaged in areas of technical expertise in law, accounting or IT. In any event, NAMA requires that the sale of property is conducted by professionally qualified selling agents on a competitive, open market basis.

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