42 Deputy Maureen O’Sullivan asked the Minister for Finance if he can explain in relation to a business (details supplied|) the reason the National Asset Management Agency has requested a 100% increase in rent on top of the already €18,000 per annum rent of an external terrace only used 60 days maximum a year; the reason NAMA is requesting such an expense to be paid when Ireland is in a recession and restaurant turnover has declined by 30% since the economic boom with further decreases expected; the amount NAMA pays in consultancy fees to the original owner; and if he will make a statement on the matter. [29902/12]

Summary

42 Deputy Maureen O’Sullivan asked the Minister for Finance if he can explain in relation to a business (details supplied|) the reason the National Asset Management Agency has requested a 100% increase in rent on top of the already €18,000 per annum rent of an external terrace only used 60 days maximum a year; the reason NAMA is requesting such an expense to be paid when Ireland is in a recession and restaurant turnover has declined by 30% since the economic boom with further decreases expected; the amount NAMA pays in consultancy fees to the original owner; and if he will make a statement on the matter. [29902/12]

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• National Asset Management Agency

  xml · EN · 20 June 2012

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