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
Catherine Connolly (Galway West, Independent) | Oireachtas source
I am trying to get my head around all of the terminology used. I thank the witnesses for their opening statements and the Comptroller and Auditor General for his chapter. Earlier, my colleague, tried to put the situation into perspective. In 2009, the banks were overwhelmed with debts that were not based on reality. Am I correct that those debts amount to approximately €74 billion?
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