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:

We have transferred it into the Exchequer and the Minister and the Government spend that money. It goes into the general Exchequer bank account and they spend it on current and capital services. They do not take the money in and allocate it to a particular thing; it is just there as part of the overall budget that is spent.

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