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:
Deputy, we were upfront with them from the very start. We told them that an off-market transaction was hugely problematic and very unlikely to take place. We were certainly managing their expectations that we would transact on an open market basis. They, I suppose, were certainly hopeful during that process, during that period, that we might change our views. I do not think at any stage one could say that we led them to believe that there might be an off-market offer.
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