Oireachtas Joint and Select Committees

Wednesday, 24 October 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Role and Functions of NAMA: Discussion

5:30 pm

Photo of Paul CoghlanPaul Coghlan (Fine Gael) | Oireachtas source

Mr. McDonagh can assure us that the agency has been as transparent as possible within the law. Some members of the media seem to be favourably disposed to reporting the agency's detractors and their more outlandish allegations. How do the officials handle the necessary rebuttals?

How many hotels are on the agency's books because of defaulting on loans? Mr. McDonagh will be aware of the non-level playing field allegations made by non-NAMA hotels, particularly in when it comes to price cutting and advertising budgets. What is his response? Will the agency sell these hotels and, if so, when?

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