Oireachtas Joint and Select Committees

Thursday, 18 December 2014

Public Accounts Committee

National Asset Management Agency Financial Statements 2013

10:50 am

Mr. Brendan McDonagh:

The point is that you have a buyer and seller in every transaction and some people will make money and some people will lose money, but in general terms when we make a decision we have to live with that decision. We have to personally sign-off on that decision saying that it is evidence based and that it was the best achievable price we could get at that point in time given the circumstances.