Oireachtas Joint and Select Committees

Wednesday, 22 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Michael O'Flynn:

Look, I didn't expect NAMA to be an easy place for anyone. I did expect it to be commercial. I did expect it to be more understanding of the nature of the businesses we were in, and I did expect it to want to engage with a strategic look forward. It didn't have that, and I don't think it ever sought that as its remit, to be fair to some of the board and people in NAMA.

Perhaps there was a disconnect there between the Government and NAMA.

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