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

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

It therefore was its job to get as much of those loans back. It had €74 billion in loans. When Mr. Brendan McDonagh came before this committee and said NAMA would pursue the developers to the ends of the earth, the sentiment of what he was telling us was that it was going to try to recover as much of the €74 billion in loans that it, as an organisation, legally had. Would that not be a fair assessment?

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