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
Peter Burke (Longford-Westmeath, Fine Gael) | Oireachtas source
I thank the witnesses for appearing before the committee. I will first focus on the change in strategy to group all of the assets. Obviously, it was the biggest loan portfolio sale NAMA had undertaken at that point and it was a huge change in strategy to group all of the assets. I note from the Comptroller and Auditor General's report that there is no detail of the other options discussed or of a discussion of what other options were available to execute the disposal. Is it acceptable, for an auditor trying to understand the processes NAMA undertook to make this decision, that this is not clearly documented?
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