Finance Minister Michael Noonan's told the North's finance committee that NAMA is accountable to the Public Accounts Committee only, and no one else.
The committee wants to quiz NAMA officials about corruption allegations surrounding the purchase of the agency's Northern Ireland portfolio.
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Minister Noonan had been accused of snubbing the inquiry, after he failed to respond to a series of letters from them.
However the group received a response from the Department of Finance yesterday.
Chair of the North's finance committee Sinn Fein MLA Daithi McKay says NAMA's failure to answer their questions reflects poorly on the agency.
