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. Seamus McCarthy:

On the first question, the lack of a competitive process for the disposal of the Project Nantes loan portfolio and, absent that, the lack of independent and up-to-date valuations are the key things that leave me without the assurance that this was the best possible price achievable. My sense is that there could have more available, but I could not put a figure on it.

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