Oireachtas Joint and Select Committees

Thursday, 28 September 2023

Public Accounts Committee

NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General

9:30 am

Mr. Brendan McDonagh:

There was not much action we could take because it did not directly involve us. The board of NAMA and I were more concerned that, once the receiver resigned, the debtors sought a meeting with NAMA. Three of my colleagues met with the debtors involved.

Arising out of that, the long-standing complaint about the UK asset being sold under value was aired. There were threats to reopen litigation on that and, obviously-----

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