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 Catherine ConnollyCatherine Connolly (Galway West, Independent) | Oireachtas source

Having listened and looked, it seems to me that a strategic decision was made like that. There is no evidence, which is what the Comptroller and Auditor General highlights. He is not making a decision, which the Department keeps saying. The Comptroller and Auditor General has not said once that a different decision should have been made or that NAMA should have held on. He will speak for himself and we look forward to hearing his reaction. I am simply going on what I am reading. He never once said what type of commercial decision NAMA should make. What he did say was that there was no evidence that alternatives were considered. Does Mr. Reid accept that?

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