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 David CullinaneDavid Cullinane (Waterford, Sinn Fein) | Oireachtas source

Sorry, Chairman, that is not actually what the Comptroller and Auditor General was saying. He was not saying that if we had a loan strategy, the 5.5% discount rate would be applied. What he was saying, or at least this is my understanding of it, was that it was based on the asset sales strategy and not on loan sales. Is that correct?

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