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

Mr. Frank Daly:

Let me finish. As far as we are aware - and we are co-operating with the National Crime Agency - that investigation is into events that occurred on the buy side. Let us leave the NCA to come up with a result, as I am sure and hope it will. On whatever inquiry might happen here, I have not heard anything to indicate that it is an inquiry into NAMA in terms of wrongdoing or irregularities. Anything that has been said indicates that it is to go back to the basic point: price. As far as I can understand, it is an inquiry into whether NAMA got the best value for the taxpayer out of this.

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