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:

Yes. Deputy Connolly made that point. I was not aware while the sale process was under way of quite how much time PIMCO had already spent on the transaction in advance. I acknowledged that that probably conferred an advantage on PIMCO, but we were trying to maintain a level playing field-----

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