Oireachtas Joint and Select Committees

Thursday, 30 September 2021

Public Accounts Committee

NAMA Financial Statement 2020 and Special Report 111 of the Comptroller and Auditor General

9:30 am

Mr. Brendan McDonagh:

It is like anything Chairman, if you could hold everything until the day you know it is at the highest price and then sell, you would, but I do not think there is any person in the world who can achieve that. We had to achieve deleveraging the portfolio and paying down those debts as quickly as we reasonably could while trying to extract the maximum value we could. That is what we had to do.

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