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
Catherine Connolly (Galway West, Independent) | Oireachtas source
I have no difficulty with any of that. We are talking about a process and the Comptroller and Auditor General has identified issues or concerns in respect of it. That is the position. There is nothing else. It would have been great if NAMA came back and dealt with those issues rather than going to the newspapers or preparing a ten-page opening statement containing pejorative comments. It was repeated today that there were nine bidders, but there were not. The process started with three bidders. Only one bidder was interested but NAMA was forced to look at three more. I have outlined all of that. Does Mr. Soffe accept that was the process? There were never nine bids.
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