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
Peter Burke (Longford-Westmeath, Fine Gael) | Oireachtas source
Clearly the Comptroller and Auditor General has to make a call on the valuation on the evidence presented to him. Based on that evidence, it does not indicate any departure from the strategy or the 5.5% discount rate for this specific project. The only other analysis is a lower analysis at 2.5%. One of the witnesses said they disagreed with the significant probable loss. It is very clear where he is getting it from because he can only act on the information and data given to him.
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