Oireachtas Joint and Select Committees

Thursday, 29 September 2016

Public Accounts Committee

Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle

9:00 am

Mr. Frank Daly:

It is a professional disagreement. It is back to the point I mentioned - which the Chairman kindly allowed me to make before my opening statement - to the effect that one gets back to three figures here and the kernel of the issue is the discount rate. Should it be 5.5% or 10%? We have diametrically opposed views on that.

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