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
It was only one sentence, as I said.
NAMA has claimed that there was a deteriorating relationship, which is how it was put, with the Project Eagle debtors. This seems to me to have been a major factor in applying a high discount rate to the portfolio's valuation. The Comptroller and Auditor General told us that he sought evidence of these deteriorating relationships but did not get any. Does such evidence exist?
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