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

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

Mr. Neporent mentioned in paragraph 2.1 of his opening statement that Cerberus had an “unpaid principal balance, or UPB, of over $80 billion USD.” I presume the unpaid balance on Project Eagle was in the region of $5 billion.

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