Oireachtas Joint and Select Committees

Tuesday, 25 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

They cite all of these, and that is fine. Let us take Quattro. This particular transaction, with a par value of $200, was a collection of hotels located along the east coast of the United States. It is based on asset location. I understand investors moving, and a rationale for all of that, but it strikes me as singular of Brown Rudnick, not to make an approach to NAMA which is fair enough, but to do so on the basis of the location of debtors.

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