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

It was and the minimum price was reduced accordingly. That is in the minutes.

Deputy McDonald asked about the reference to April 2013 in the minutes. On page 22 of the Comptroller and Auditor General's report, the sequence of events is set out. It states that on 24 June a letter from Brown Rudnick was received. It is clear that events had happened prior to that.

That is the first date mentioned there but events must have been happening somewhere that led to that happening during that period. Perhaps events or negotiations were happening prior to that first letter appearing on 24 June. Nobody can answer me on this point. Brown Rudnick wrote and said two of its clients were interested. Have the NAMA board members ever established who was the second client?

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