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
Seán Fleming (Laois, Fianna Fail) | Oireachtas source
That is most interesting. NAMA will explain why it was so restrictive.
Page 83 of the report refers to the Lazard letter as stating, "the sell-side process for the transaction was appropriate for the sale of a loan portfolio of this nature". Again it is all connected. Lazard was only dealing with the sell side.
Lazard was on a success fee. I again thank Mr. Long for coming here today.
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