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

1:50 pm

Mr. John Moran:

The passage of time is considerably aided by events that occur along the way. One of those is that the assets may no longer be owned by the State and I can see a strong argument in this regard. The special liquidator or others may, however, decide that if the acquirers will be participating in bids for future assets, they may not want information of that nature to be released because it could harm the disposition of further assets. It is not my decision and I am happy to go with the decision as it is.

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