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. Oliver Ellingham:

Parties who do not win often have a moan. At no point did we receive notification from Lazard, our adviser, that there was a problem in getting sufficient bids in the process such that it would be uncompetitive. There was competition by dint of the fact that we had more than two or three buyers prepared to put bids on the table.

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