Oireachtas Joint and Select Committees
Thursday, 26 September 2013
Public Accounts Committee
Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency
10:50 am
Mr. Brendan McDonagh:
Yes, but as of 30 June of this year, we still have €9 billion of overseas assets remaining in the NAMA portfolio and about €12 billion of assets remaining in Ireland. We have taken substantial impairments. The majority of the impairment figure to 1 December of €3.3 billion that the board has recognised to date and which has been signed off by the Comptroller and Auditor General as being appropriate has been against Irish assets.