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:

One must be realistic about all our debtors in NAMA. When they are given a target to meet they know exactly what is needed to meet the debtors. Again, just to be fair to Avestus, as it is a requirement, that person became a director of Clairvue in, I think, December 2011. Clairvue made the first offers to us in October 2011, before that person was a director.

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