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 Alan KellyAlan Kelly (Tipperary, Labour) | Oireachtas source

My final question is specifically addressed to Mr. Corrigan. In or around February 2014, it became widely known that the loans were on the market. Therefore, the process of a confidential loan sale was out of the window. It was over, it was gone. The committee is struggling with an issue. At this point, given that the confidential nature of it was over and everything was out in the open, why was the whole sale strategy not reviewed? Why was there such a rush?

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