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:

Absolutely. I have my eye on the ball. The agricultural value today of some of the land might be only €14 million. Once it goes through the local area plan and gets planning permission it would be potentially worth multiples of this because of the planning gain. I believe this should rest with the taxpayer and not with somebody else.

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