Oireachtas Joint and Select Committees

Thursday, 28 September 2023

Public Accounts Committee

NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General

9:30 am

Mr. Brendan McDonagh:

I honestly do not know. When the receiver was appointed, he approached all the tenants and asked them to pay rental income to him. The receiver said not to pay the debtor but to pay the receiver and all of the tenants refused to engage with the receiver or pay him the rental income. Therefore, the receiver could not collect the rental income. I do not know what the rental income on these houses is.