Oireachtas Joint and Select Committees

Tuesday, 18 October 2016

Public Accounts Committee

Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)

10:00 am

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

The figure of £1.241 billion was set. Was the board happy with that? Was any other board meeting held? The reason I ask this is because this was one of the biggest financial transactions in the history of the State and we are trying to get a feel for how decisions are made in these big places. Were there many other meetings where nobody was physically present other than the chief executive? There was no non-executive board member in the room. This is very unusual because we have not seen a situation anywhere else where there is nobody in the room other than the chief executive. Was this the only time that happened?

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