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

Yes, approximately $5 billion. Although this was Cerberus’s first involvement here it must have been one of its biggest transactions. It did 40 transactions at $80 billion, that is an average of $2 billion each and this one is coming in at approximately $5 billion. This would be quite a big transaction, not the biggest I am sure, or maybe it was.

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