Oireachtas Joint and Select Committees
Wednesday, 22 April 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Susan O'Keeffe (Labour) | Oireachtas source
Finally can I ask you, in relation to the 772 debtor connections who borrowed €74 billion, and I am obviously quoting from your own, from the participating institutions, you estimate, I think conservatively, that these same debtors borrowed at least a further €10 billion from non-participating institutions. How did NAMA manage the process in instances where a large development was being backed by a combination of loans from participating and non-NAMA participating banks?
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