Oireachtas Joint and Select Committees
Thursday, 26 September 2013
Public Accounts Committee
Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency
12:50 pm
Mary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source
Since the special liquidator is still doing his work, Mr. McDonagh has no sense of the loans that may transfer to NAMA. I am asking this for a simple reason. Mr. McDonagh has referred several times to clearing the decks by 2020 and the strategic plans to make that happen. Does he have any reservations or worries about that? I assume he has built in the variables of the IBRC and whatever loans might be transferred across to NAMA. That must be part of his calculations.
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