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
Seán Fleming (Laois, Fianna Fail) | Oireachtas source
Given that the uplift in the property market is happening and the witnesses are saying that some people are coming back with the increase in value, is there a possibility that the level of profit that will be made out of the recovery of that €2.7 billion might be higher than would have been experienced in previous years because of the property market? I know the €3.5 billion has been mentioned but it is possible that the €3.5 billion will now creep up because of the improved market? The witnesses did say that some of these people might repay their loans and pull out which was not always the case.
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