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
11:30 am
Mr. Brendan McDonagh:
In terms of Nantes, one can look at it in financial terms but in terms of the overall connection, where we needed all the debtors' co-operation to achieve this, we achieved €210 million. We did not achieve €152 million or €125 million. Therefore, we do not think that looking at Nantes in isolation, when one has a debtor with multiple assets, is a fair reflection.
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