Oireachtas Joint and Select Committees
Thursday, 9 July 2015
Public Accounts Committee
National Asset Management Agency: Financial Statements 2014
9:30 am
Mary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source
I believe Mr. Daly was mistaken, in the first instance, not to suspend the sales process and very wrong in the second not to have alarm bells, just like Big Ben, ringing in his head to say, "Hold on a second - this is a huge transaction; these are huge write-downs of public moneys and so on." Not to have pulled back from it amounted to very bad judgment on his part.
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