Oireachtas Joint and Select Committees
Thursday, 20 September 2018
Public Accounts Committee
National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report
9:00 am
Mr. Brendan McDonagh:
If we accept a section 172 declaration and are satisfied it is bona fide and complies with money laundering regulations, we regard that as a reasonable check and complete the transaction. If other information comes in about a person, we investigate it and try to get more information. We might engage a third party, such as an accountancy firm.
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