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. Frank Daly:

We are not arguing that there was a change or a bespoke process here. We never have and that is very clear from our responses to the Comptroller and Auditor General and from our statements here today. What we are saying is that the process that was put in place - bespoke, as it were, or whatever the Deputy likes to call it - had all sorts of checks and balances, that it was not what PIMCO was looking for, which was a closed sale, and that at the end of the day, it got the best value for the taxpayer. The hypothesis-----

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