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
David Cullinane (Waterford, Sinn Fein) | Oireachtas source
Yes; and it is contested. Mr. Corrigan and the board view this as having been the best outcome but there is an alternative view. That view, shaped by the Comptroller and Auditor General, was based on two years of work and a great deal of investigation into documentation, information, etc., given to the board. That is the basis for his report. I wanted for that to be clarified. I will get to his criticisms and talk through some of those in a few moments.
Mr. Mulcahy spoke about this as being an inspired deal. Those were his words. As it was he who used the word "inspired", I will ask him this question: in his view, what was the genesis of the Project Eagle deal? How was it conceived?
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