Oireachtas Joint and Select Committees

Thursday, 1 October 2015

Public Accounts Committee

National Asset Management Agency: Financial Statements 2014 (Resumed)

10:00 am

Mr. Frank Daly:

I think that is not to appreciate the investment that companies like these put into their examination of the portfolio or the asset for sale. One of them can have hundreds of people in the data room over a particular period of time going through each asset line by line, so it is not surprising to me that they get it close to the button.