Oireachtas Joint and Select Committees
Thursday, 10 November 2016
Public Accounts Committee
Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)
9:00 am
Mr. Seamus McCarthy:
The term "value for money examination" is not used specifically in section 9 of the Act. It is used in the headline, if one likes. It is used to summarise it. Value for money is made up of different things. Under section 9, I am required or enabled to examine whether a public body disposing of resources or assets effected that disposal "upon the most favourable terms reasonably obtainable". I think I have done that.
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