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
Mary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source
This is my last point, which should not be missed. The witnesses have not just said that. They said that PIMCO connived to stay within the process and that it sought their acquiescence in that regard. That is their position on it. I am a little astonished because the seriousness of asserting that seems to have gone over their heads. I would imagine the head of the legal division of PIMCO and PIMCO corporate would not be best impressed or pleased at the suggestion that an entity such as theirs attempted to sidestep regulation and the law. That is what the witnesses are asserting.
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