Oireachtas Joint and Select Committees

Wednesday, 22 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Susan O'KeeffeSusan 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?

Comments

No comments

Log in or join to post a public comment.