Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Public Accounts Committee

National Asset Management Agency: Financial Statements 2014

9:30 am

Mr. Brendan McDonagh:

I do not agree with the Deputy's proposition. We run a very fair, straightforward and transparent loan sale process with a data room and full access for all parties who sign up to non-disclosure agreements. There are likely to be multiple bidders for the particular portfolio. There is nothing that I would take from the Deputy's suggestion that it is in any way tainted.