Oireachtas Joint and Select Committees

Thursday, 17 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

Mr. Mark Neporent:

That is part of the work we were doing to ensure we were comfortable investing in the North and that we would be able to work effectively with the borrowers and local stakeholders to work out these loans. Had we thought we were going to have a world war with every single borrower, we might not have bid. However, we got comfortable, and subsequent to our purchase it has been borne out. We have had a very good relationship in the region.

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