Oireachtas Joint and Select Committees
Tuesday, 18 October 2016
Public Accounts Committee
Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)
10:00 am
Bobby Aylward (Carlow-Kilkenny, Fianna Fail) | Oireachtas source
Perhaps that is the reason we will have three inquiries going on.
Following on from Deputy Catherine Murphy's point regarding the relationship between NAMA and the debtors in Northern Ireland, it was stated that the relationship was poor and deteriorating all of the time. Some 50% of the loan book was in Northern Ireland. What percentage of that figure related to non-performing loans? I presume non-performing loans relate to companies either in bankruptcy or failing to meet repayments, landbanks held up and so on. What percentage of the Northern Ireland portfolio were non-performing loans and was there rich-takings from the ones that were performing?
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