Oireachtas Joint and Select Committees

Thursday, 11 July 2019

Public Accounts Committee

Business of Committee

9:00 am

Mr. Seamus McCarthy:

That does not necessarily mean that they are being sold for less than market value. That is really where the driver is expected to be - the trading or the disposal of assets on a market basis. That is the obligation in the law. That is what applies in the case of NAMA as well, of course, and there can be disputes in certain situations as to what is the best commercial return, as we know.

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