Oireachtas Joint and Select Committees

Thursday, 13 October 2016

Public Accounts Committee

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

9:00 am

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

I refer to what the records reflect at that early stage. Even though preliminary discussions had been had with PIMCO - Mr. Rowntree can only speak for himself; Mr. Cushnahan obviously is a different person with a different history in these matters - the issue of discount is there. I assume that Mr. Rowntree would have assumed that on a matter like discounting the debtor portfolio, NAMA would have sought advice, evidence and expertise.

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