Oireachtas Joint and Select Committees

Thursday, 8 October 2020

Public Accounts Committee

Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019

11:30 am

Mr. Brendan McDonagh:

We are working through to resolve those issues. Sometimes we have litigation taken against us by parties who repeatedly appeal the decisions, even in Ireland, up to the High Court, the Court of Appeal, and even in some cases, to the Supreme Court. In the event that one gets an order for costs there may be nothing to recover from the party who brought this action all of the way but we have had to incur the costs of defending his actions