Oireachtas Joint and Select Committees

Thursday, 24 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

Okay. I understand that. In fairness to NAMA, this point is not well appreciated. I am going to ask NAMA to send us a note on the restrictions that prevent it from cutting deals with its own debtors. It sold these loans to other companies that had the significant advantage of being able to do that. The Oireachtas legislated in this manner for good reasons.

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