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

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9:00 am

Mr. Brendan McDonagh:

No. Effectively, the NAMA board had decided the price it wanted. It had set the price as £1.3 billion and Lazard, in its letter of engagement, stated that NAMA had set the price and its job was to find the appropriate buyers who would meet NAMA's expectations.

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