Written Answers - National Asset Management Agency

Thursday, 19 July 2012

Dáil Éireann Debate
Vol. 773 No. 3

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  54.  Deputy Pearse Doherty  Information on Pearse Doherty  Zoom on Pearse Doherty   asked the Minister for Finance  Information on Michael Noonan  Zoom on Michael Noonan   the budgeted costs for the National Asset Management Agency advisory board in 2012 and 2013; the broad headings of expenditure under which these costs will be incurred; if there is support being provided to the board by his Department or other Departments which is not included in the board’s budget; and if he will provide the detail of any such support. [35959/12]

[998]Minister for Finance (Deputy Michael Noonan): Information on Michael Noonan  Zoom on Michael Noonan  My department has budgeted costs in the region of €40,000 to cover the hotel, travel and subsistence costs of the advisory group for 2012 and the cost budget for 2013 has not yet been completed. As previously advised, the members of the group operate on a pro bono basis. There is no other support provided or costs incurred by my department to, or on behalf of, the group. I have agreed that the group will meet and report to me at least four times a year. I have met with the group on two occasions since it was established. It is also open to the Chair to contact me as issues arise. I expect the advisory group to play a valuable role and I can confirm that I am satisfied with the operation and progress of the group to date.


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