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:
As of today, approximately 30 developers are building residential units and working with NAMA and fair dues to them. They are getting on with it and doing their jobs properly, but six to seven of them are telling us that they are close to getting funded by somebody else and that they could then come in and repay all of their debt to the State.
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