Oireachtas Joint and Select Committees

Thursday, 18 December 2014

Public Accounts Committee

National Asset Management Agency Financial Statements 2013

12:30 pm

Photo of Áine CollinsÁine Collins (Cork North West, Fine Gael)
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Could Mr. McDonagh explain the process? NAMA owns 70% of the land available for development and is in a joint venture. While I appreciate that NAMA is not physically building it, it can take on contractors and pay for them out of the process. Is NAMA going into partnership with developers?