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 Catherine MurphyCatherine Murphy (Kildare North, Social Democrats) | Oireachtas source

The very fact that the assets in regard to Project Eagle were a loss over and above the amount that was paid for them by NAMA, if we could use that terminology, that would have been unusual in that most would have achieved the amount that they were transferred for or more. Does Mr. Mulcahy believe errors were made in their valuation at that stage or did they lose value?

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