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

Photo of Brian StanleyBrian 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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