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
Seán Fleming (Laois, Fianna Fail) | Oireachtas source
Why did NAMA not hang in? I am just asking the question. It was a NAMA decision. It was nothing to do with the Comptroller and Auditor General. NAMA was satisfied that it had a bidder that was going to pay £1.3 billion. The only reason it was going to do so was that it knew it would make several hundred million out of it. Why did NAMA not try to emulate what Cerberus is now doing?
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