Oireachtas Joint and Select Committees
Wednesday, 18 September 2024
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance
1:30 pm
Mr. Des Carville:
The figure of €74 billion is a factual number but it is the par value of the loans. There was no prospect of ever getting the €74 billion back. I am therefore not sure. I am more focused, as I think NAMA is, on the figure of €26 billion it paid for the loans, plus the €5.6 billion in State aid and recover a surplus in excess of that. That is the lens through which I would look at it.