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 Alan KellyAlan Kelly (Tipperary, Labour) | Oireachtas source

I have a number of questions. I will not be repeating what was said. I will be going on from what my colleagues have said. I wish to compliment the Comptroller and Auditor General on his report. That needs to be said.

Earlier, Deputy Burke made some comments and teased out the question of the £190 million. From an auditing point of view, there is a view in respect of the work done by the Comptroller and Auditor General and then there is the NAMA view. There is a debate around business risk and all the variables that brings about as well. Is Mr. McCarthy absolute about the £190 million? Could that have been £140, £150, £160 or £200 million or £210 million? Is Mr. McCarthy absolute and defined on the question of the £190 million?

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