Oireachtas Joint and Select Committees

Wednesday, 22 October 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Operations and Functions: National Asset Management Agency

4:30 pm

Mr. Brendan McDonagh:

It is a big return, but at that time the receiver, who was obliged to get the maximum amount of value to pay off a debtor's debt, openly marketed the assets. At the time there were around 30 expressions of interest in buying that asset.