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. Donal Rooney:
If I may, the reason for the so-called deviation is that we are talking about two different loan books. In the 2013 accounts, there was a 5.5% discount up to 2016 and 10% after, which is in reference to the entire NAMA loan book. That has a whole host of different risks and characteristics to the Project Eagle loan book.
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