50. Deputy Pearse Doherty asked the Minister for Finance further to the announcement by the National Asset Management Agency on 7 February 2013 when it said in the period to mid-2013, the special liquidator will seek to value and sell the secured underlying assets subject to the floating charge, after the sales process conducted by the special liquidator has been completed later in the year, National Asset Management Agency will acquire the unsold loans in the Irish Bank Resolution Corporation loan portfolio in addition to the proceeds of any asset sales conducted by the special liquidator during the sales process, if he will to confirm the NAMA valuation methodology of any loans acquired from IBRC and if such methodology will be further to the European Commission approval of the NAMA scheme in February 2010; and specifically if NAMA will be required to pay so-called long term economic value. [7717/13]

Summary

50. Deputy Pearse Doherty asked the Minister for Finance further to the announcement by the National Asset Management Agency on 7 February 2013 when it said in the period to mid-2013, the special liquidator will seek to value and sell the secured underlying assets subject to the floating charge, after the sales process conducted by the special liquidator has been completed later in the year, National Asset Management Agency will acquire the unsold loans in the Irish Bank Resolution Corporation loan portfolio in addition to the proceeds of any asset sales conducted by the special liquidator during the sales process, if he will to confirm the NAMA valuation methodology of any loans acquired from IBRC and if such methodology will be further to the European Commission approval of the NAMA scheme in February 2010; and specifically if NAMA will be required to pay so-called long term economic value. [7717/13]

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• IBRC Liquidation

  xml · EN · 13 February 2013

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