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 Josepha MadiganJosepha Madigan (Dublin Rathdown, Fine Gael) | Oireachtas source

It will be very interesting when we speak to the Comptroller and Auditor General, after all of this discussion, to hear his views on this.

The same applies to the blended portfolio fair value rate, which Mr. Collison said was, in his view, appropriate given the characteristics of the portfolio. That is why that rate was used. I have a difficulty with self-evaluation, not just for NAMA but for other institutions too because the taxpayer likes to know that when one is talking about due diligence and best practice that it is actually done as opposed to being simply talked about. That is where I am coming from. I am not criticising Mr. Collison per se, or anybody else but am just looking at the issue from that perspective.

Comments

No comments

Log in or join to post a public comment.