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:

It has been outlined here today and in reports that we overpaid for the loans by €5.6 billion. If the Deputy wants to make a comparison between what NAMA did and what the private sector would have done, she will note it would have paid only €26 billion or less for the portfolio.

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