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

The very reason PIMCO approached NAMA and not vice versawas because it had unearthed this fact and in terms of not just what is ethical but what is legal and in compliance with the regulatory framework it is bound to, this caused a massive problem for it. PIMCO approached NAMA, not vice versa. We can agree on that.

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