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
Michael Noonan (Limerick City, Fine Gael) | Oireachtas source
The reason I am doing this is that the committee has focused a lot, rightly on the events and Northern Ireland, but there is another context. NAMA was represented at the meetings with the troika; therefore, it would very much have been aware of the other context. I am saying the committee should not assume that NAMA was responding to political pressure when it speeded up the sale of its assets. There was stronger pressure from the circumstances in which we found ourselves at that stage. That is all I am saying.
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