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

Ms Ann Nolan:

No. The word "expeditiously" appears in the Act several times. The objective of selling is very important but in terms of the objective of selling each individual loan, there was never a point where NAMA had to sell this particular loan at this particular time. It had a choice between which loans it sold and in what order, and how it bundled them and everything else.

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