Oireachtas Joint and Select Committees

Thursday, 13 July 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Overview of Operations and Functioning of NAMA: Discussion

9:30 am

Photo of Rose Conway WalshRose Conway Walsh (Sinn Fein) | Oireachtas source

I appreciate what Mr. Daly is saying. It is difficult for people when they see the likes of Cerberus making a profit of €77 million and paying €1,900 in tax on that. That is what people are trying to decipher in all this. Obviously, NAMA will say it got the best deal for the State but we have an obligation to question that, analyse it and examine at the figures behind it, including in respect of the selling-on prices and profits made based on the decisions made by NAMA on behalf of the State.

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