Oireachtas Joint and Select Committees

Thursday, 6 October 2016

Public Accounts Committee

Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)

11:00 am

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

It was a matter for NAMA to advise its advisers and give them the information they wanted. I presume the question was: "If we continue with the process with the remaining interested parties, will we realise best value for the taxpayer?" Whether there were ethical issues that led to the withdrawal of PIMCO or not would not have an effect on the price. I presume that was the thinking but I cannot say it with certainty. The Deputy will have to ask NAMA.

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