Oireachtas Joint and Select Committees
Thursday, 24 November 2016
Public Accounts Committee
Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)
9:00 am
Mr. Brendan McDonagh:
No, I think it is just something that happens. When one is selling a portfolio of 900 assets, there will always be something. For example, when one changes a bank account from AIB to Bank of Ireland, a direct debit will fail because it was not set up on time or the proceeds were paid into a different bank account. We will resolve the issue and I am satisfied that we will. It is just a question of fine-tuning the negotiations on it.
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