Oireachtas Joint and Select Committees

Thursday, 26 September 2013

Public Accounts Committee

Business of Committee

10:10 am

Mr. Seamus McCarthy:

Yes. The issues will be dealt with in those. I might also point out that, under the National Asset Management Agency Act, I am carrying out an assessment of the extent to which NAMA has made progress in achieving its overall objectives. I will have an additional report on that matter.

When NAMA appeared before the committee last year, Deputy Sean Fleming made the point that the timing was perhaps not ideal in that the annual report had not yet been presented. NAMA produces quarterly reports, which are not complete reports. If the committee has two meetings, the timing and the amount of information that members will have available might dictate whether one will be in late July or possibly early September, as we are doing to examine the annual report, and the other will be at the half-year report.