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. John Collison:
What I am saying is that we certainly gave Lazard instructions. It was aware of its mandate and obviously was aware on 13 February that there was an opportunity to invite more bidders into the process. However, when it came to the recommendation on those bidders, in terms of who qualified and did not, we took Lazard's advice. We did not say, "No, we do not want that firm" or "We want that firm." We actually took Lazard's advice on the recommendations.
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