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
Shane Cassells (Meath West, Fianna Fail) | Oireachtas source
The Minister spoke about the divergence of opinion, trying to resolve it and the Committee of Public Accounts trying to resolve it. Reflecting on the events here last week, it got quite aggressive at times. It was nearly O.K. Corral stuff. Frank Daly certainly came in here with the holsters loaded and guns firmly pointed at the Comptroller and Auditor General's head, in the metaphorical sense. Maybe there is no smoking gun here, but on the issue of the substantial report that has now been given and the media reports of the probable losses of £190 million, the Comptroller and Auditor General, as I am sure the Minister would agree, would not make that statement lightly, given the fact that it would get such media exposure. Frank Daly said that if the words "probable loss" had never been used, there would be no media commentary and that in fact NAMA would have been thanked for having done a good job. Is it really that simple?
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