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

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9:00 am

Mr. Brendan McDonagh:

It is not locked away. I will explain it. We have approximately €2 billion in cash in NAMA. If all the subdebtors came in tomorrow morning, we would pay off that €1 billion and we would have €1 billion in cash-----

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