37. Deputy Sean Fleming asked the Minister for Finance if the National Asset Management Agency has adequate resources to support its efforts to gain security over assets controlled by its debtors that were not secured at the time when loans were transferred to the agency from the banks and where these assets were subsequently transferred to family members of the debtor; the amount of the €750 million secured by reversal of asset transfers has been achieved by voluntary agreement with developers; his views on whether legislative change is needed in this area to secure the interests of the State; and if he will make a statement on the matter. [10604/13]

Summary

37. Deputy Sean Fleming asked the Minister for Finance if the National Asset Management Agency has adequate resources to support its efforts to gain security over assets controlled by its debtors that were not secured at the time when loans were transferred to the agency from the banks and where these assets were subsequently transferred to family members of the debtor; the amount of the €750 million secured by reversal of asset transfers has been achieved by voluntary agreement with developers; his views on whether legislative change is needed in this area to secure the interests of the State; and if he will make a statement on the matter. [10604/13]

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• NAMA Operations

  xml · EN · 28 February 2013

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