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 am going to finish on the political background. I am sorry, but it is important and I have waited.

When Mr. Daly gave evidence to the committee on another occasion, he referred to political considerations. On 9 July, he said, "no pressure from any source ... political or otherwise," influenced NAMA in the decision to sell the loans. That was his position. Today he has stated: "The sales process adopted in the case of Project Eagle was initially influenced by the stated preference of both Governments, which is on the public record, that the sale be conducted in a discreet and confidential manner." Does Mr. Daly remember his letter to the Department of Finance complaining about the Comptroller and Auditor General's report?

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