Oireachtas Joint and Select Committees

Thursday, 1 October 2015

Public Accounts Committee

National Asset Management Agency: Financial Statements 2014 (Resumed)

10:00 am

Mr. Frank Daly:

I must put on the record my total disagreement with that statement. I do not think anything has been adduced here in any form of strong evidence that backs that up. I still believe the taxpayer has got a very good return from this. There will obviously be another examination of this - of the process involved, at least. I understand that the Comptroller and Auditor General will examine it, so no doubt we will be back to it. However, I am very confident that this has turned out to be a good deal for the Irish taxpayer and do not think that thesis will be undermined.

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