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 Peter BurkePeter Burke (Longford-Westmeath, Fine Gael) | Oireachtas source

I want to focus on the discount rate. In terms of property sales in NAMA, prior to Project Eagle how often was a 10% rate used? We have set out the policy in terms of the 5.5% rate, but Mr. McDonagh said there was flexibility. How often was this flexibility exercised?

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