Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Public Accounts Committee

National Asset Management Agency: Financial Statements 2014

9:30 am

Photo of Shane RossShane Ross (Dublin South, Independent) | Oireachtas source

I accept that. What I am trying to ask is this. Here we have a massive global transaction, one of the biggest deals ever done in the world of property, I suspect, involving some 850 properties in a bulk sale, and, by complete coincidence, two of the principal bidders are using Brown Rudnick and, by an equally odd coincidence, they are both using Tughans in Belfast. Did NAMA's antennae not go up when both bidders landed in the same place? Were alarm bells not ringing about a conflict here?

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