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:
Lazard was retained on the basis that the board of NAMA had analysed the portfolio and said that its minimum was €1.3 billion. In fact, the way the engagement with Lazard was structured was that the pricing mechanism around how it got paid would be higher if it went to a party other than PIMCO.
No comments