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
Peter Burke (Longford-Westmeath, Fine Gael) | Oireachtas source
I never said there was no advice. I said there was no advice in terms of strategy. We were told very clearly that Lazard did not invite in terms of the strategy - in terms of when to sell and whether a group of assets should be sold piecemeal or together. There was no advice on that. Second, there was no advice in terms of timing - when to sell. Lazard was given that instruction. Third, there was no evaluation. I am very clear on those three points. I will ask the question again. Does Mr. Long think that is a prudent approach?
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