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:
No, the lease they signed, which was heavily negotiated with us and also involved the Department of the Environment, Community and Local Government and the Housing Agency, specified that two-thirds of the way through these 20-year leases, the AHBs can buy the properties at market value, less 10%, if they wish to do so.