Oireachtas Joint and Select Committees
Thursday, 17 November 2016
Public Accounts Committee
Business of Committee
9:00 am
David Cullinane (Waterford, Sinn Fein) | Oireachtas source
With respect, it is important for us to establish whether the Comptroller and Auditor General now has new information that he did not have when he produced his report. He had access to lots of information we did not have.
I want to get clarification on a number of issues. Was the information new to him? The first element was that Fortress learned of the sale through the press. Was this new information for the Comptroller and Auditor General? The second element is that it had to be an unconditional bid and could not be syndicated or financed pre-bid because that would reduce its capacity to bid higher.
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