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
5:20 pm
Kieran O'Donnell (Limerick City, Fine Gael)
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Mr. McDonagh said that at the end of the second quarter NAMA sold debtor’s loans with a normal part debt value in excess of €12.5 billion and it recognised a loss of €227 million on the disposal of the loans. Is that €227 million on the value NAMA paid for the loans?