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:

We have no recourse because they said they were not going to benefit financially if Clairvue made any profit out of the assets and that was confirmed to us by both Avestus and Clairvue. If their statutory declarations turned out to be false, then we would refer that to the Garda and the Garda would investigate it.

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