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. Brendan McDonagh:

That is misunderstanding the thing. When that par debt was sold, a number of assets were sold where there was a residual debt to which no assets attached. However, there were still loans.