Oireachtas Joint and Select Committees
Thursday, 18 December 2014
Public Accounts Committee
National Asset Management Agency Financial Statements 2013
11:20 am
Mr. Brendan McDonagh:
Ultimately everything is a board decision but there are different levels of delegated authority from the board, depending on the size of the asset. There is dual sign-off on every transaction completed by NAMA. No one person can sign off on anything. Every transaction has to be signed off by two people.
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