Oireachtas Joint and Select Committees

Thursday, 17 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. Mark Neporent:

I think we got an understanding, in the context of the business plans, of what the views were of those various connections in a high level sense, but not as detailed as we had hoped. I must give Tughan's their due - Tughan's and Brown Rudnick provided quite a bit of post-acquisition work in helping us get the transaction closed with NAMA because there was a great deal of information that was not in the data room with regard to loans we acquired; information that was difficult to assemble and was the subject of some controversy between NAMA and ourselves.

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