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

While NAMA is operating in accordance with law I cannot interfere in any way as a Minister in the commercial decisions or commercial processes undertaken by NAMA but if, on the other hand, something totally untoward happened there is power in the Act for the Minister to intervene to ensure the purposes of the Act are fulfilled. One of the purposes of the Act is to get best value for the taxpayer.

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