Oireachtas Joint and Select Committees
Wednesday, 22 October 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Operations and Functions: National Asset Management Agency
3:40 pm
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Obviously the Minister has sat down with NAMA and there is a focus on disposing of assets and winding up the agency sooner than originally anticipated. Mr. McDonagh has said in previous responses to the committee that the review on early disposal indicated it would not be good to dispose in the next six months. No one is genuinely suggesting that, but has NAMA considered the idea of a delayed disposal right up until 2020? Would that be the most beneficial scenario in terms of a hard-cash return for the State or is it to wind up 80% of NAMA by 2016?
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