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

Photo of Marc MacSharryMarc MacSharry (Sligo-Leitrim, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

Was that a failing in the legislation? Is the legislation not sufficient? If I were a developer and my house was taken off me, I could give the money I had under the mattress to my first cousin to buy the house. If I signed the section 172 declaration, NAMA would be out the gap legally but I would get my house back from my cousin because I gave him the money to buy it.