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 David CullinaneDavid Cullinane (Waterford, Sinn Fein) | Oireachtas source

I accept what Mr. Rowntree says to the effect that conflicts of interest should be an open book. In a "Spotlight" programme shown on 29 February 2016, he said, "It would be fair to say that the information that I witnessed and I heard in NAMA offered commercial opportunity." When he was asked by the presenter, "How valuable would that information have been to a bidder on the Northern Ireland NAMA portfolio?", Mr. Rowntree went on to say, "What I would say was that information that we discussed of a commercially sensitive nature in my view would have added some value to their made application because it would have given them some steer on a [strategic] capacity to work out that overall portfolio."

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