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
Brian Stanley (Laois-Offaly, Sinn Fein) | Oireachtas source
I want to ask about commercial housing developments and commercial developments generally. There is one sector remaining in the docklands. As has been said, a decision is required by Waterways Ireland. This requires North-South co-operation and the assembly in the North to be up and running. This is my understanding of it. With regard to the Poolbeg site, a development consortium acquired an 80% shareholding in it. NAMA had held 100% of it. The figure was approximately €200 million.
NAMA sold the 20% minority shareholding in that company. Is that correct?
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