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

Mr. Patrick Long:

Well, we had a vested interest. This is standard market practice that the buy side advisers, I mean investment banks or property advisers, and sell side advisers are only paid by their clients if deals go through. For lawyers it is slightly different. That is standard practice and it is not something I am embarrassed about.

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