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:

It was to repay its senior debt and subordinated debt, which it did a few years ahead of schedule. That was the most important thing, because the State had guaranteed that debt. I will come back to this issue: it also had to deal with the loans expeditiously, sell them and move on.

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