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 Bobby AylwardBobby Aylward (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

The October paper noted that NAMA would only sell loans by way of open competition. Yet the December paper sought the board's guidance on whether to do a closed transaction with PIMCO. Why did NAMA change its stance on asset recovery?

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