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

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9:30 am

Mr. Brendan McDonagh:

Usually up to 10% of the asset value. If the underlying properties were worth €5 billion, as in this example, the most that the vulture fund would probably pay would be €4.5 billion.

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