Oireachtas Joint and Select Committees

Thursday, 29 September 2016

Public Accounts Committee

Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle

9:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

The loans that NAMA took over from the respective banks had a figure or value in the banks of £4.6 billion. When NAMA took them over that was severely discounted to approximately £2.5 billion. There was a massive discount.

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