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Ireland · Question · written

PQ 71

71 Deputy Pearse Doherty asked the Minister for Finance if it is possible for a loan to go into the National Asset Management Agency at half the value, the developer then to sell the asset at a higher figure, pay NAMA the discounted amount and pocket the balance; and if he will make a statement on the matter. [10061/12]

askedIreland· Dáil Éireann· EN

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22 February 2012

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22 February 2012

Summary

71 Deputy Pearse Doherty asked the Minister for Finance if it is possible for a loan to go into the National Asset Management Agency at half the value, the developer then to sell the asset at a higher figure, pay NAMA the discounted amount and pocket the balance; and if he will make a statement on the matter. [10061/12]

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National Asset Management Agency

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