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:
Our legal costs are a couple of million euro a year. We try to keep our legal costs to the minimum, but there are certain costs that we incur. Sometimes we incur legal costs not because we want to encourage this, but because people take litigation against us. The problem with some of these litigants, eve if we win the litigation, is we cannot get the costs from them because they have nothing.