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

Photo of Catherine ConnollyCatherine Connolly (Galway West, Independent) | Oireachtas source

I digressed. Going back to the process of the sale, leading up to the PIMCO withdrawal, am I correct when I say the Comptroller and Auditor General highlighted serious issues in relation to the sales process itself? Perhaps, I should make a statement and Mr. McCarthy can correct me if I am wrong.

The board of NAMA looked at the sales process on 13 December 2013, and again in January 2014 and considered whether it should be a closed or open sale. Is that right?

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