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
Mary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source
Excuse me. That is a very serious assertion to make in respect of PIMCO. We need a response from PIMCO on that matter. Similarly, we had to get a response from PIMCO on the question of whether PIMCO went or was pushed in respect of its exit. There was a time when Mr. Daly was absolutely resolute, to the point of almost being obnoxious, in his assertion that NAMA kicked PIMCO out. PIMCO contested that strongly. I notice that Mr. Daly has modified that language. It now appears to have been a gracious mutually beneficial exit.
I think we need to ask PIMCO to give us its perspective. Certainly, I am clear, as a member of the committee and as a person who is reasonably good at reading the English language, about what the NAMA board minutes say.
No comments