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 Josepha MadiganJosepha Madigan (Dublin Rathdown, Fine Gael) | Oireachtas source

I do not think it is a good idea. Did Lazard have a break-even fee? If Lazard did not secure a certain amount in the sale, surely with overheads and everything else, Lazard was in line to fall off a cliff and lose a significant amount of money and labour, albeit over a short period.

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