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 Bobby AylwardBobby Aylward (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

We did not know much about the University of Ulster report before today. It appears to be significant, yet no one has seen it, other than members of the advisory committee who saw it privately. Should NAMA have looked at it more? I presume considerable finance and research went into the report which was never used. If the committee had access to it, it would have a better insight into the reasons NAMA sold the loan book rather than the assets. I would like to see the report, find out what is in it and compare its contents with what happened later. Mr. Rowntree has seen it. Would it have made a difference if it had been used properly?

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