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
4:40 pm
Michael Creed (Cork North West, Fine Gael)
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The witness referenced the sale of a loan book on foot of Deputy Mulherin's questioning, and the advice on the sale of the loan book was that NAMA should not accept the conditionality of the highest bid. Was the conditionality really a question of additional time to complete the process or was it conditionality of a different sort?