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. Seamus McCarthy:
I will make two comments. In Project Tower, which was sold at the same time and in a structured way following the guidelines, the fee basis was similar. The fee depends on the value - it is a proportion - but the rates were similar. When one compares it with Project Arrow, which was the following year, the fee rates were significantly less.
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