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

Photo of Bobby AylwardBobby Aylward (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

I am good at sharing but I have no wish to share too much.

Did the board members look at selling off assets individually in the long term, rather than by a loan book sale? Was the option assessed properly at that stage? Could they have been kept or retained? Witnesses have implied several times that NAMA would have done better if it had held on until 2015, 2016 or 2018. Furthermore, even with Brexit coming down the road, if NAMA had held onto the portfolios and sold them individually or asset by asset, NAMA would have got greater reward than for the fire sale or quick sale. Is that the case?

Comments

No comments

Log in or join to post a public comment.