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

That is an interesting assessment of what happened. My reading of it is PIMCO saying, "We have a big problem here and we are letting you know we have a big problem. We are not sure that this can proceed. Can 'the business' go ahead with the three parties out of the loop?" Mr. Daly used the term "thinking out loud" earlier. I do not see any evidence of PIMCO seeking the acquiescence of anybody to stay within the process.

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