Oireachtas Joint and Select Committees
Thursday, 26 September 2013
Public Accounts Committee
Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency
11:20 am
Derek Nolan (Galway West, Labour) | Oireachtas source
I would like to tease out the €3.3 billion figure because I want to understand it. As it accounts for almost 10% of the value of the portfolio - €3.3 billion is 8% or 9% of €34 billion - it is quite a significant figure. How much of an impairment had NAMA projected into its base case in 2010 when NAMA was set up?
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