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

It withdrew itself. That is very important, because that is not what NAMA was telling us. That is, at least, what Mr. Daly told us. We were led to believe that right through, because we had to seek clarification from the Comptroller and Auditor General several times as to whether PIMCO voluntarily withdrew. It is good that we now have someone from NAMA's legal division actually accepting that PIMCO voluntarily withdrew from the process and did not have to be forced out.

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