Oireachtas Joint and Select Committees
Thursday, 1 October 2015
Public Accounts Committee
National Asset Management Agency: Financial Statements 2014 (Resumed)
10:00 am
Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source
So it was a voluntary disclosure. I found the reference in the accounts unusual.
NAMA is managing a lot of its portfolio itself but it has participating institutions managing some of the activity.
Mr. McDonagh mentioned AIB and Capita. To be helpful, we see on page 13 that NAMA made 181 insolvency appointments and the other companies working as agents for NAMA appointed 275. What percentage of NAMA's portfolio is being managed by NAMA and what percentage is being managed on its behalf by third parties? Will Mr. McDonagh give us a breakdown of those third parties?
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