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

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9:30 am

Mr. Brendan McDonagh:

At the time, it was a 57% discount. We bought €74 billion for just shy of €32 billion. Obviously we paid €32 billion. The easiest way to look at it is to ask what, having paid €32 billion for it, will NAMA get back?

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