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
Josepha Madigan (Dublin Rathdown, Fine Gael) | Oireachtas source
I have a more pertinent question. I understand that in other NAMA loan sales, the loan sale advisers valued both the loan collateral and the loan portfolio for disposal in a single lot. I understand that in the case of another NAMA multi-debtor, where there was a multi-property sale, the loan sale advisers advised on alternative loan sale strategies and provided a commentary on market conditions. It would appear that Lazard was not asked to carry out any of these tasks. Can I ask Mr. McDonagh about that?
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