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
David Cullinane (Waterford, Sinn Fein) | Oireachtas source
-----but if Mr. Rooney lets me make the point, he is confusing the issue because the Project Eagle sale was in 2014. By his own admission, the 2013 accounts detail a 5.5% discount rate for cashflow discounts for 2014. NAMA applied a 10% discount rate, so he cannot use that justification.
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