Oireachtas Joint and Select Committees

Thursday, 20 September 2018

Public Accounts Committee

National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report

9:00 am

Mr. Frank Daly:

-----concerning the formation of the LDA, except to the extent that the project manager for the LDA was NAMA’s chief financial officer, as Deputy Kelly knows. I would not say that we have had discussions about the LDA. I can see a possible synergy in the future. From what I have seen about the LDA and the discussions the announcement around it, it has a very challenging remit at which it will no doubt be successful. It concerns sites that are not really NAMA sites or sites in which NAMA is interested. It has an extensive focus besides NAMA. If there is something that we can do by working together in the future, we will certainly be open to that.