Oireachtas Joint and Select Committees

Tuesday, 22 November 2016

Public Accounts Committee

Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)

10:00 am

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

I put it to Mr. Long that I think he is being disingenuous, with all due respect. PIMCO withdrawing from this was a horse of a very different colour from others that may have shown an interest at some point. Lazard would have known that as it was briefed at the get-go by Mr. Ronnie Hanna that PIMCO had made this reverse inquiry, it was front and centre, it was the most active bidder and the only show in town at one stage. With respect, I do not accept what Mr. Long is saying in that Lazard just regarded it as not suspicious or very significant.

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