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:

Sure. We achieved the actual sale, which is what we set out to do. In their difficult negotiations, our case mangers would certainly have been challenged on a regular enough basis as to whether the NAMA Act actually applied up in the North. We felt there was a higher litigation risk with this portfolio than with a lot of others.

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