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

Let us tease our way through this because the documentation supports Mr. Rowntree's point. That is the meeting in December. December through to January saw the approval to dispose of the portfolio and the appointment of the sales advisers. It broke in the media in February that something was afoot. The data room was opened in February and there was material with the Comptroller and Auditor General where concerns were raised or observations made. PIMCO withdrew in March while closing date for bids was April. On 3 April, the board approved the sale. During all of that time, there was no meeting of the Northern Ireland advisory committee.

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