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 Cormac DevlinCormac Devlin (Dún Laoghaire, Fianna Fail) | Oireachtas source

I accept the point about the change of zoning. That is understandable. Were personnel appointed by NAMA to ensure the value of those assets were maintained by maintaining the planning permissions? I hear what Mr. McDonagh is saying, in that there could be good, bad and indifferent types of planning on certain sites but, ultimately, as he knows, they are far more valuable with planning than without. He might send on a note, and he might not have a breakdown of it, on the assets that had full planning at the time of NAMA acquiring them and on whether they were maintained in the vast majority of cases.

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