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
I believe Mr. McDonagh is confident about the figures he has given us. I can understand him not wanting to pay back anything to the taxpayer until everything else is sorted out, but I do believe he has confidence in his projection that NAMA will make €1.75 billion. It is a different issue if he is not confident that he will achieve that, but I do not believe that is the case. If Mr. McDonagh believes his own figures, why would he not consider a dividend to the taxpayer? It is unfair for the taxpayer to be sitting on a big debt.
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