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 Catherine ConnollyCatherine Connolly (Galway West, Independent) | Oireachtas source

Yes, I see. That is very good. That is on page 77, a response to a series of questions on 31 March and Mr. Long went through the questions.

Could Mr. Long turn to the last bullet point on the next page? There is a reference to "In our professional judgment and given, inter alia, NAMA's objectives and the nature of and limited information available on the portfolio, the process was appropriate for a transaction of this nature." Even on reflection, in looking back in March 2016, Mr. Long is stating "we did what we could on the restricted information".

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