Mr. Brendan McDonagh: No, they are...: 20 Dec 2013: Oireachtas Joint and Select Committees (KildareStreet.com)

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

12:10 pm

Mr. Brendan McDonagh:

No, they are not performing. If one examines the most recent published accounts of IBRC, approximately 70% of its loans are non-performing.

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