Oireachtas Joint and Select Committees
Thursday, 1 October 2015
Public Accounts Committee
National Asset Management Agency: Financial Statements 2014 (Resumed)
10:00 am
Mr. Brendan McDonagh:
The receiver must work with all the other parties involved to find a solution to this very difficult problem. We have allocated over €100 million of NAMA's funds to fix fire and other issues in assets we acquired from debtors when problems became known. The receiver, in our view, would take a positive part in working with Dublin City Council, the owners and Dublin Docklands Development Authority to try to find an amicable solution.
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