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

NAMA did not seek current property valuations for all its property and consequently had no estimates of what an investor might pay for the portfolio. The only guide to what a bidder might pay was the PIMCO bid. On what basis did the paper recommend a minimum of €1.3 billion?

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