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

Mr. John Mulcahy:

The people who buy these things have a lot of resources. There were 900 properties. Taking the 70:30 rule the number of properties that matter would be quite small. Two or three teams of five or six people would deal with it in a matter of days. I do not buy this idea that people need enormous amounts of time. The kinds of purchaser who do this can do it in jig time.

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