Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I will come back to the Deputy on his question about NAMA being a public interest entity. To answer the main question he asked, it arises from a change to the audit requirements. Because the audit requirements emanated from an EU directive, we had to change how we were dealing with these matters. All of the bodies affected, including NAMA and the Comptroller and Auditor General, worked together to deal with the matter. We will now be in a situation where the Comptroller and Auditor General will continue to fulfil his role, but we will also have a statutory auditor in Mazars which will performing its own functions.

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