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:

No. In fact, of the €9 billion in assets we have sold to date, €1.2 billion of that has come from assets where we appointed receivers or receivers were already appointed by the time we inherited the portfolio from the banks. The majority of it has come from debtors who are working with us.