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. Alan Stewart:

That is not included. I want to clarify that. It is important there are carve outs from the definition of informational materials, and that includes information that was known to the potential purchaser or its related parties prior to the disclosure thereof in connection with the proposed transaction or that they had formed independently themselves or established from the public record or things like that. If they already had that knowledge and can demonstrate that they did that, it is not part of the informational materials because it is not something-----

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