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Results 1-4 of 4 for nama segment:7303664

Public Accounts Committee: Business of Committee (6 Dec 2018)

Seán Fleming: ...the basis of the valuation and the comparisons it used to come up with that valuation. We note and publish that. That letter will go to the Valuation Office. Correspondence No. 1761 is from NAMA on Project Nantes giving a breakdown of the €24 billion in asset sales categorised by the jurisdiction of purchaser and the application of section 172 of the National Asset Management...

Public Accounts Committee: Business of Committee (6 Dec 2018)

David Cullinane: ...resources to be able to delve into a lot of what is coming our way. Much of it could be irrelevant. We do not know. The Comptroller and Auditor General said that in the course of auditing the NAMA accounts, Project Nantes will come across his desk anyway. Is it something of which he is aware?

Public Accounts Committee: Business of Committee (6 Dec 2018)

Catherine Murphy: My understanding of this section of the NAMA Act is the original intention was that the Department would define and set out protocols but this did not happen and NAMA set out the protocols itself. Is the Comptroller and Auditor General satisfied they were as robust as they should have been? Would it have been better if they had been set for NAMA to follow? Should there have been other...

Public Accounts Committee: Business of Committee (6 Dec 2018)

Mr. Seamus McCarthy: I do not think I should prejudge the answer to these questions without going through a process and putting points to NAMA. I do not necessarily disagree with the Deputy's interpretation of the legislation but I have not formed an opinion yet and I would not like to prejudge it.

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