Oireachtas Joint and Select Committees

Friday, 20 December 2013

Public Accounts Committee

2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012

12:40 pm

Mr. Brendan McDonagh:

I am not interested in terms of the personalities. I am interested in the business transaction and in recovering for the taxpayer the maximum amount of the loan. The maximum amount of the loan that I could recover was the par debt. I recovered the par debt and therefore there was no loss to the taxpayer.

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