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

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

I thank Ms O'Reilly for that evidence because that gets to the heart of the matter. For anybody who is looking at this and asking why we are obsessing over who knew what and what was known about this April 2013 issue, that cuts to the quick of it because if the board did know, there were clear-cut obligations that had to be met. The concern I have, and that I believe others have, is that the transcript of the telephone calls, the testimony from PIMCO, indicates that in fact there was knowledge. The dates are specific. We are not going to agree on that but I want to explain that in case Mr. Daly is feeling a little hard done by in terms of the reason we have focused on that.

I want to ask Ms O'Reilly another question.

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