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. Oliver Ellingham:

May I offer a simple clarification? When the assets were put up for sale with a reserve price of £1.3 billion, there were - let us choose a number - 100 assets. During the sale process, we sold some of those assets one by one to individuals because it was the right thing to do under section 10. That is the £74 million.

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