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
Catherine Connolly (Galway West, Independent) | Oireachtas source
I am finishing on this question. The process is crucial and NAMA has come back repeatedly to say that there were nine or ten bidders. I have repeatedly gone through the Comptroller and Auditor General's report and said there was not. There was eventually, but there were three bidders initially. Sorry, Mr. McDonagh, if you could resist distracting Mr. Daly, I wish to put the question to him. I know we are all very tired, not to mention the staff for whom I feel very sorry. There were three bidders. One came forward from those three. The process then went on to the next stage. Today, Mr. Daly said that PIMCO wanted to stay in the process at all costs. Is that right?
No comments