Skip to main content
Normal View

NAMA Expenditure

Dáil Éireann Debate, Tuesday - 25 February 2014

Tuesday, 25 February 2014

Questions (184)

Michael McGrath

Question:

184. Deputy Michael McGrath asked the Minister for Finance the rates liquidators are permitted to charge the National Asset Management Agency following the tender process for insolvency services that NAMA undertook; and if he will make a statement on the matter. [8986/14]

View answer

Written answers

I am advised by NAMA that it does not appoint liquidators from its insolvency practitioner panels. I am advised that liquidators are, in fact, generally appointed by Directors, creditors or by the High Court on the petition of a company, its directors, shareholders or creditors and are remunerated in accordance with the provisions of the Companies Acts.

Top
Share