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:

I beg the Deputy's pardon, but I will finish. We achieved a sale in excess of NAMA's reserve price. Notwithstanding all of the unusual features to which the Deputy referred, the portfolio was sold for in excess of NAMA's reserve price. I would argue that that was a success.

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