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

Mr. Brendan McDonagh:

The difference in this portfolio is that there are approximately 900 assets in the portfolio. The top 55 assets represented approximately 80% by value of the portfolio. As our chairman commented in answer to a previous question, for part of the year-end audit for 2013 we had valuations from relevant people for approximately 50% of that portfolio. For all the major assets, they were the ones of major focus and where the value lay. There was one particular asset in that portfolio, which was the last big asset in that portfolio. It represented 16% of the value of the portfolio alone.

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