Oireachtas Joint and Select Committees

Thursday, 26 September 2013

Public Accounts Committee

Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency

12:10 pm

Mr. Brendan McDonagh:

Yes. Irish Life sold its shareholding to Walbrook Investments and, obviously, AIB Investment Managers was taken over by Precinct Investments. However, the latter was not technically a change of shareholding, rather it was a change of company ownership.