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 Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

It appears it might be.

Let us move on. Mr. Daly rather helpfully described the process for Project Eagle as bespoke. Therein lies the issue. Let us talk about NAMA's bespoke process. There was the decision, in the first instance, to dispose of the assets of Northern-based debtors in a single portfolio. Mr. Daly will accept, as reflected in the report, that was a marked shift from the established or initial plan in avoiding a fire sale in dealing with these assets. It was a change, was it not?

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