Oireachtas Joint and Select Committees
Wednesday, 18 September 2024
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance
1:30 pm
Mr. Des Carville:
No, it is a very commercial understanding. There is always a balance.
If you are making a decision on an asset, do you invest money in the asset to enhance its value? Do you sell the asset and crystallise its value at that point in time? Do you hold it and hope the value will go up, and maybe it goes down or sideways? Everything is a balancing act when you think of any commercial decisions.