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
Seán Fleming (Laois, Fianna Fail) | Oireachtas source
We understand, and this is an issue we will consider again. We will move on to other Deputies. However, that sentence refers to the discounted value of the underlying security, meaning the valuation of the asset, but NAMA had not conducted a full valuation of all the assets. It had a valuation on some of them. This was on the basis of a valuation of the underlying assets. What I am saying is this. Appendix D is about advice received in January 2016 about purchaser discounts. Has NAMA a document in its possession dealing with the seller's discount? NAMA has produced two documents about the purchaser's discount, but it was not the purchaser. Can Mr. McEnery give us a document from that period dealing with the seller's discount? Does such a document-----
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