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 David CullinaneDavid Cullinane (Waterford, Sinn Fein) | Oireachtas source

I want to be very clear on this before I move on to Mr. Stewart. The Comptroller and Auditor General never criticised the market rate or the fair value rate that Mr. Rooney is talking about in terms of a loan sale. That is not coming across when anybody from NAMA deals with it. We received some clarification today but the witnesses really need to reflect on that because NAMA representatives cannot appear before the committee and twist what the Comptroller and Auditor General was actually saying. It is not fair on his office, especially when there were aspersions cast about the lack of expertise within his office, which we do not accept. We are going to-----

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