Oireachtas Joint and Select Committees

Thursday, 18 December 2014

Public Accounts Committee

National Asset Management Agency Financial Statements 2013

10:40 am

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

Have there been high profile instances where NAMA has sold an individual property or portfolio of properties here or overseas at what transpired to be a greatly depressed level? Obviously, NAMA monitors these things. Has the agency ever entered into a transaction in good faith and with the best judgment available only to discover one year or 18 months later that the same portfolio or property has changed hands for multiples of what NAMA received for it?

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