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 David CullinaneDavid Cullinane (Waterford, Sinn Fein) | Oireachtas source

It expressed some concerns relating to constraints put in. When it was asked the rationale for making a bid below the reserve price, it indicated one of the problems was that it could only make a cash bid and there were restrictions with the bid not being syndicated or finance pre-bid, which was problematic for Fortress. Does that raise any concern for Mr. Long?

Comments

No comments

Log in or join to post a public comment.