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
Mr. Brian McEnery:
I am going to outline that in 2013 we impaired the Northern Ireland assets by €164 million. What is also alluded to in our minutes is that we expected a continuing deterioration in the values in 2014. That was our view as a board, that we would have a further impairment in 2014. I will draw the Deputy's attention to page 146 of the Comptroller and Auditor General's report where we again alluded to a 10% discount in-----
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