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 Catherine ConnollyCatherine Connolly (Galway West, Independent) | Oireachtas source

I will continue by reading the last paragraph on page 72:

Following the media coverage, NAMA and/or Lazard received enquiries from a further ten firms. Two of these - Goldman Sachs and Fortress - were allowed to enter the process. Lazard informed NAMA that it had excluded the other eight firms, seven of whom it said were well known to Lazard and had excellent reputations.

They were just not allowed in.

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