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. Frank Daly:

There were several discussions after this process at board and executive level when we were going through the final process of completing Project Eagle so this is what I absolutely believe. Ronnie Hanna was closing an open question that was left there and put on the table in the first place by PIMCO. Remember, in the first phone call PIMCO came to us asking whether we knew about it. That was their opening question and then, if we did not, they asked whether we had a problem with it, which was a surprising question from people who, as the Deputy says, were the experts.

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