Oireachtas Joint and Select Committees

Thursday, 10 November 2016

Public Accounts Committee

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

9:00 am

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

I would like an explanation as to the meaning of the following line, which reads "assets held at in 2017 to 2020 period (Assumption 1)". It seems to me that NAMA has accounted for impairments at the end of December and that at the December board meeting another €85 million has been introduced on top of the €180 million. I would like Mr. McCarthy to explain that.

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