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

The point he is making is the actual loss happened at that time. It is a different matter to say six months or a year down the line because of different circumstances and information that NAMA may have got less for that. When it took a decision to go for a loan sale and then applied for a market discount that was a different situation. I am trying to be fair to the witnesses.

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