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

Mr. John Collison:

I would not say under pressure but they certainly asked on more than one occasion and that was made clear in the documentation - the letters - they sent through to us. As I said earlier, we left them under no illusions that our policy was open market and we were managing their expectations in that regard. I certainly felt that we did not give them any sense that we were ever going to agree to an exclusive, closed or off-market process. We were very upfront with them about that.

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