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:

Regarding that portfolio and the others that we sold, people were in those schemes. They were mostly sold with people living in units they were renting. When we put them on the market, they were openly marketed. A number of bidders looked at the portfolio. The winner was the one who would pay the most for it, and they bought it as is.

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