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 Josepha MadiganJosepha Madigan (Dublin Rathdown, Fine Gael) | Oireachtas source

In his evidence, Mr. Long said that it was "not Lazard's place" to advise on the sales process. Those were his exact words. However, Mr. Daly, in his opening statement, stated that Lazard advised NAMA that there was sufficient competitive tension in the process with the remaining two bidders. That is a direct conflict.

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