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:

The question was examined and we published a section 227 report which was laid before the Houses. We examined the change in strategy, and having a shorter disposal time probably means more bundling. Although it does not necessarily, it is one of the options. It seemed like a good strategy to us, given the amount of pressure there was on the contingent liability of the State and given that the market was open for such a strategy.

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