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:

All that I can say is that the company that was mentioned to me as supposedly being involved is still in NAMA, owes its full debts to NAMA and has had no debt write-off from NAMA. Whether a payment was made is being investigated by the Garda. The premise, according to Deputy Wallace, is that the company paid €15,000 before it got out and €15,000 after it got out. I do not believe that people would have paid €30,000 if they were still stuck in NAMA.

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