Oireachtas Joint and Select Committees

Thursday, 26 September 2013

Public Accounts Committee

Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency

11:10 am

Photo of Eoghan MurphyEoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

That is not the point I am making. I am not referring to any specific court case. I am referring to debtors who are working with the agency, doing their best to help NAMA realise the value of the loans when they were purchased in 2009. Some may do that and receive a salary, which is fair enough if they are the best people to manage the portfolio. They might also realise a profit if they bring back more than what the agency paid in 2009. Then, after a two-year period, they are off the hook.

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