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 Catherine ConnollyCatherine Connolly (Galway West, Independent) | Oireachtas source

Let me finish and then I will let Mr. Collison conclude. The Comptroller and Auditor General's report is about concerns. One of those concerns relates to the sales process and gives rise to the longest chapter in the report. Lazard has been quoted as giving the thumbs up and having fully endorsed the process. My questions is: what was the role of NAMA in this and the pitch book? Mr. Collison will tell me if I am wrong, but NAMA came back and said to take Cerberus out and put Oaktree in.

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