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 Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

Mr. Stewart is telling me PIMCO had a different NDA agreement in place. It did not require them to notify NAMA of all the advisers. Mr. Stewart is now saying that the agreement the others had required them to notify of all the advisers who had access to the data room only. It is clear from this letter from Cerberus that probably all the bidders or potential bidders had advisers who did not require access to the data room because they were not all involved in that. Some of them had other skills that did not require access to the data room.

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