Oireachtas Joint and Select Committees

Thursday, 13 October 2016

Public Accounts Committee

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

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9:00 am

Mr. Brian Rowntree:

We were very much aware that NAMA did not own the assets but controlled the loans. However, as I said in my opening remarks, by controlling the loans, one de factohas control of the assets.

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