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 Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

Let us be clear, the approach by Pimco on day one was initiated by two major NAMA debtors. We have all read about that. They went to different people and put a plan together. I read somewhere that the five or six debtor groupings represented 85% of the total loan book at the end of the day. Therefore, it would not take much to link the five or six people to this chapter of the report that was commissioned for NAMA on the valuations of its loans -----

Comments

No comments

Log in or join to post a public comment.