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Public Accounts Committee: NAMA Financial Statement 2020 and Special Report 111 of the Comptroller and Auditor General (30 Sep 2021)

...that, before the end of 2021, NAMA would submit to the Minister proposals and a plan for the dissolution of the agency. The 2020 financial statements indicate that NAMA had operating income of €274 million in the year. This was down from €363 million earned in 2019, reflecting in the main the continuing decline in the value of NAMA debtor loans, which stood at €850...

Public Accounts Committee: NAMA Financial Statement 2020 and Special Report 111 of the Comptroller and Auditor General (30 Sep 2021)

...it was State-controlled, similar to the French one, and if we could then get it off-balance sheet. They agreed we could, so when NAMA was set up originally it was capitalised with €100 million. Of that, €49 million was provided the Minister for Finance and €51 million was got from a number of pension fund managers here in Dublin, and effectively all they were...

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