Oireachtas Joint and Select Committees

Thursday, 23 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Joe O'Reilly:

Well, as you know, we're working ... we're working with NAMA and we have worked with NAMA over the last six and a half years. We've worked extremely hard. Our team has worked ... our team that ... our own team has worked extremely hard and, you know, we have ... we have ... our ... we set about ... once NAMA was set up, we set about working with them. Our engagement with NAMA, again, was very professional. NAMA had a good team of people employed and we got on well with them. We put in ... our business plan in place. We went from there and we followed what ... what their ... what they wanted of us. We done that and we've always co-operated 100% with them. And that was with the purpose of trying to recover as much money as we could and bring back as much value to our assets as possible.

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