Oireachtas Joint and Select Committees

Thursday, 26 September 2013

Public Accounts Committee

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

1:20 pm

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

It is not false market, it is a commercial decision by the buyer and NAMA about whether we want to do business. At the start of last year nobody was queueing up to buy assets in the Irish market. Initiatives we are engaged with are bringing activity and investors to the Irish market.

No one was queuing up so NAMA decided to queue up for itself.

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