Oireachtas Joint and Select Committees

Wednesday, 22 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Marc MacSharryMarc MacSharry (Fianna Fail) | Oireachtas source

In your opening statement, you said, and I'm quoting, "I firmly believe that, from the outset, the Board of NAMA lacked experience in many important areas but most notably [I just said there a second ago again] in the area of asset management and development ... NAMA had embarked upon a strategy of disposals which I believe ultimately cost the State dearly." Can you expand a little bit on this?

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