Dáil debates

Thursday, 12 November 2009

National Asset Management Agency Bill 2009: From the Seanad

 

12:00 pm

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)

Deputy O'Donnell asked what due diligence we have done. We have done substantial due diligence on the loan book. At the beginning of Second Stage, a document was circulated which outlined the location of the loans which were overseas. The vast bulk of them were in the United States and the United Kingdom and not in offshore island jurisdictions.

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