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

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats) | Oireachtas source

What was asked was very forthright. On the reduction in the timeline from 2020 to 2018 in terms of the disposal of the assets, Ms Nolan made the point that one would not want to be left with assets in such an environment in 2020. Neither would one want to be left with them in 2018. The same set of circumstances apply. It truncates the timeline in which one can dispose of the assets. Did the Department, at any point, consider it in terms of NAMA's conduct regarding the disposal of assets and that it might have produced this kind of bundling of assets?

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