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. Frank Daly:

No. There are enough bodies out there already.

The other one is that one just lets NAMA work this out. It would be a much smaller NAMA but one would still have the core skills and expertise. That is an argument for elsewhere. As for whether we could do it, we could do it.

By the way, Deputy Aylward was talking about land being put into housing. The other figure that is worth mentioning is that NAMA has put more than €1 billion of development funding into that residential delivery programme about which we have been talking. In recent years, €1 billion into housing is a very significant figure. It is a significant figure into the economy in any event.

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