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

Mr. Brian Rowntree:

I cannot really say because I was not part of the discussion on the sale of Project Eagle. What I can say is that, as Deputy Catherine Connolly said, there were quite animated discussions in the build-up to the draft report from the University of Ulster. There was a level of intensity around these discussions which were focused on opportunity and strategic visioning, but that was set aside. Someone has an evidence base somewhere, I presume, that says we no long require this and this is the best we can achieve, that is, selling the loan book.

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