Oireachtas Joint and Select Committees

Thursday, 18 December 2014

Public Accounts Committee

National Asset Management Agency Financial Statements 2013

12:40 pm

Mr. Brendan McDonagh:

It will be in discussion with us because the developer must borrow the money from us. We do not want to advance too much money until the market is proven. We will probably do it on a phased basis, perhaps ten or 20 houses.

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