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
Catherine Connolly (Galway West, Independent) | Oireachtas source
It had access to information. We know that now because it has been said here repeatedly and we have had a letter. It had access for all of 2013 and then they had specific access to a data room. Then bidders are brought in. I will finish up, because the Chairman is looking at me. In fact, there is a reference. Its further limited open nature was as much to give protection to PIMCO as to give integrity to the process. That is my interpretation. It seemed PIMCO was the only game in town. Lazard was brought in with a design around that and other bidders were brought in on a very limited basis to give the illusion that there was competition. "Yes" or "No"?
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