Oireachtas Joint and Select Committees

Thursday, 6 October 2016

Public Accounts Committee

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

11:00 am

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

I do. I will let Ms Nolan contribute in a minute. NAMA was supposed to end its activities in 2020. If all loans were worked out to 2020, there would be a firesale of potentially €13 billion in assets in the last year of its operation. That would not make sense.

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