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 Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

Okay. That is fair enough. That demonstrates that Cerberus was not blindly taking a chance on the £15 million. It is entirely reasonable and sensible, and the company had to a have a sense that it was getting quality information. It established that by virtue of having sight of a number of samples, as the witness referred to them. It makes perfect sense to me. Not that I will ever have £15 million but if that was my money or much less, I assure the witness I would want to know I was getting bang for my buck.

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