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 Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

-----meet with PIMCO to explore its offer. I refer to Appendix C, and page 133 in particular, which records that in the paper NAMA presented to the board, PIMCO's approach is based on debtors who were based in the North, although they fully acknowledge that these debtors typically tended to also acquire assets in Britain and other jurisdictions, and PIMCO intends to acquire all such related debt. Whose idea was it to bundle the debtors resident in the North? From my reading of it, PIMCO came up with that approach.

Comments

No comments

Log in or join to post a public comment.