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
Matt Carthy (Cavan-Monaghan, Sinn Fein) | Oireachtas source
At the same time, however, it is fair to say that most people did not know that this portfolio was even on the market. Thus there was a situation where a company that had an interest in purchasing this portfolio had, as a director, someone who was aware that NAMA had a target price to achieve and that company, very conveniently, valued that portfolio at almost the exact amount NAMA needed to secure.
No comments