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. John Collison:
I understand the logic of the Chairman's questioning. At the time when the media link broke, Oaktree was involved in the process. Obviously PIMCO and Cerberus were involved as well. There is no guarantee in this regard. When the story broke in the media, the board gave flexibility to the asset recovery unit and in turn to Lazard to see if there was anybody else out there. That is how Goldman Sachs, Lone Star and Fortress came into the process.
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