Oireachtas Joint and Select Committees
Thursday, 26 September 2013
Public Accounts Committee
Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency
1:20 pm
Mr. Brendan McDonagh:
Yes, we have had direct approaches but the board has a clear policy that everything must be openly marketed, so if we are going to put something up for sale we appoint a loan sales broker because we want to be fair to other people who have expressed an interest in portfolios and ensure they get an opportunity to bid for it too.