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:
PIMCO approached NAMA through the Department of Finance. It was a reverse approach, in effect. We did not go out seeking a sale of the Northern Ireland portfolio en masse. It approached NAMA. We did not appoint Lazard in advance because we did not intend to go out on a bulk loan sale.
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