Oireachtas Joint and Select Committees

Thursday, 8 October 2020

Public Accounts Committee

Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019

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11:30 am

Mr. Brendan McDonagh:

As I said, Avestus was a particularly complex connection and the pressure from third-party creditors was very great. We decided to carve up the portfolio in different ways to try to at least achieve the targets.

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