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Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Imelda Munster: ...looking for the par value of the total package. What was it sold for? What was the discount given? I ask Mr. McDonagh to furnish us with that information. Mr. McDonagh will be aware of the Moore Street campaign and the good people involved in that campaign - James Connolly's great-grandson for one. Was it the case that the investor was not interested in buying the ILAC Centre if...

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Imelda Munster: Did NAMA ever ask them to take Moore Street out of the package? Did Mr. McDonagh ever meet with the Minister for Tourism, Culture, Arts, Gaeltacht, Sport and Media to discuss it? He would have been fully aware of this campaign for a cultural quarter.

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Imelda Munster: Could NAMA have, at any stage, removed Moore Street, given the significance of the site? As Mr. McDonagh said, it included Dundrum Town Centre and Swords Pavilions. It was a massive area. Could NAMA have removed that from the package and still proceeded with the sale?

Public Accounts Committee: NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General (28 Sep 2023)

Imelda Munster: ...go round to any city in Europe and history and cultural quarters are preserved for generations to come, and for tourism. With such a site, you did not state to me here that the buyer insisted that Moore Street be in it. It could easily have been removed, because the rest of the site was massive. You did not make any attempt to protect the site as such-----

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