Oireachtas Joint and Select Committees

Thursday, 1 October 2015

Public Accounts Committee

National Asset Management Agency: Financial Statements 2014 (Resumed)

10:00 am

Photo of Joe CostelloJoe Costello (Dublin Central, Labour) | Oireachtas source

Absolutely. Is there not a sense of déjà vuwhen we look at Project Arrow, which is also down to two bidders currently? I am not sure exactly where it is, but the third bidder has pulled out. Goldman Sachs has pulled out, so there is only Apollo and Cerberus left. Cerberus has been involved in the Northern Ireland one in very similar circumstances to what seems to be happening in Project Arrow.

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