Oireachtas Joint and Select Committees

Thursday, 22 November 2018

Public Accounts Committee

Business of Committee

9:00 am

Mr. Seamus McCarthy:

People should note that Project Nantes is a 2012 disposal. Obviously, we audit the financial statements of NAMA each year. We did not examine Project Nantes in the course of the 2012 audit. However, it is certainly on my radar given the issues that have been raised. I have sought information from NAMA. I have not yet got all the information I sought. When I have it, I will consider whether any further work, including a section 9 value for money report, might be done in relation to Project Nantes.