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

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

I am sure Mr. Soffe also accepts that within the report of the Comptroller and Auditor General, views from other bidders who found the process to be unsatisfactory, to say the least, are given. They raised a series of concerns that were simply recorded by the Comptroller and Auditor General in terms of valuations and the very obvious fact that PIMCO had a head start on all other comers. I am sure Mr. Soffe has read those criticisms in the report. Surely he is not suggesting that the Comptroller and Auditor General invented these concerns and he accepts at a minimum that these concerns were expressed by other bidders or potential bidders.

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