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
Mary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source
So one presumes that Ronnie Hanna, as head of asset recovery, was in charge of that. One thing that intrigued me is that the Comptroller and Auditor General made reference to the letter of certification, or whatever the term is, at the end of the process from Lazard. In the his report, he cites that once Lazard was engaged, it did not go through the standard procurement process. It was appointed. At that stage, it was asked to supply a draft letter of certification to NAMA. I wish to ask the Comptroller and Auditor General three things on that. Is it normal practice that when NAMA engages its loan sales adviser it seeks in advance a copy or a draft of such a letter?
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