Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Public Accounts Committee

National Asset Management Agency: Financial Statements 2014

9:30 am

Photo of Seán FlemingSeán Fleming (Laois-Offaly, Fianna Fail)
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I do not consider one person coming to the table with a bid above NAMA's reserve as competitive. NAMA should have collapsed the situation. Did Mr. McDonagh tell the board that NAMA had only one offer above its reserve price?