Oireachtas Joint and Select Committees

Thursday, 26 September 2013

Public Accounts Committee

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

10:40 am

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

I thank Mr. McDonagh, Mr. Daly and their colleagues for attending today. In my first questions I will look at the general figures, given that 2013 is a milestone year for NAMA. My colleagues will ask about some of the more detailed aspects of the 2012 report as well. NAMA will hit the first repayment target this year of 25% of the loan repayments. That is estimated at €7.5 billion. That was estimated at €8.1 billion in the original repayment schedule. Is that correct?

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