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
5:10 pm
Mr. Brendan McDonagh:
It if it can be legally pledged to us, we push the debtor to hand it over to us. If it turns out the debtor will not co-operate or resists, they become subject to litigation, where we seek a judgment and attach the judgment to unencumbered assets. These are some of the high-profile cases reported in the media. If we think there are assets, we expect the debtor to hand over the assets.