Oireachtas Joint and Select Committees

Wednesday, 18 September 2024

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance

1:30 pm

Mr. Des Carville:

NAMA certainly managed the assets and that is why it is still in existence 14 or 15 years later. It continues to manage the assets it holds, but it has to resolve and sell the assets. If somebody makes a profit at some point after that, that can happen, but people can also make losses in the future.

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