123 Deputy Joan Burton asked the Minister for Finance the way it is possible that certain persons whose loans have been, or are in the process of being, transferred to the National Asset Management Agency reportedly continue to engage in significant property deals in other jurisdictions without making any serious attempt to discharge debts owed to the banks and NAMA; if his attention has been drawn to reports of certain high profile developers successfully relocating to other jurisdictions; if his further attention has been drawn to comments made by the chairman of NAMA to the effect that many developers whose loans have been, or are in the process of being, transferred to NAMA inappropriately continue to lead lives of luxury, thumbing their noses at the ordinary taxpayers who have to foot the bill for bank bailouts and to take on the risk of inherent in the NAMA project; and if he will make a statement on the matter. [25101/10]

Summary

123 Deputy Joan Burton asked the Minister for Finance the way it is possible that certain persons whose loans have been, or are in the process of being, transferred to the National Asset Management Agency reportedly continue to engage in significant property deals in other jurisdictions without making any serious attempt to discharge debts owed to the banks and NAMA; if his attention has been drawn to reports of certain high profile developers successfully relocating to other jurisdictions; if his further attention has been drawn to comments made by the chairman of NAMA to the effect that many developers whose loans have been, or are in the process of being, transferred to NAMA inappropriately continue to lead lives of luxury, thumbing their noses at the ordinary taxpayers who have to foot the bill for bank bailouts and to take on the risk of inherent in the NAMA project; and if he will make a statement on the matter. [25101/10]

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Timeline

1. 15 June 2010

   National Asset Management Agency

   123 Deputy Joan Burton asked the Minister for Finance the way it is possible that certain persons whose loans have been, or are in the process of being, transferred to the National Asset Management Agency reportedly continue to engage in significant property deals in other jurisdictions without making any serious attempt to discharge debts owed to the banks and NAMA; if his attention has been drawn to reports of certain high profile developers successfully relocating to other jurisdictions; if his further attention has been drawn to comments made by the chairman of NAMA to the effect that many developers whose loans have been, or are in the process of being, transferred to NAMA inappropriately continue to lead lives of luxury, thumbing their noses at the ordinary taxpayers who have to foot the bill for bank bailouts and to take on the risk of inherent in the NAMA project; and if he will make a statement on the matter. [25101/10]

   Source: written

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• National Asset Management Agency

  xml · EN · 15 June 2010

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• Joan Burton · Asking member
• Minister for Finance · Minister for Finance · Addressed to

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