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
Catherine Murphy (Kildare North, Social Democrats) | Oireachtas source
In his opening statement, Mr. Collison drew attention to the liquidation in February 2013 of IBRC. He stated, " ... its loan books were the first large Irish portfolios to be brought to market. From 2013, the market evolved significantly and quickly within a relatively short period." Is that because there was a perception of better value from a purchaser's perspective, given an increased availability of assets or loans to purchase?
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