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
Before we break, I will put two points. In his opening statement, Mr. Daly referred to an issue that involved some public debate. I will quote him, and I want him to think about this. He stated: "According to the Comptroller and Auditor General report, this loss could have been avoided if NAMA had held on to the loans and worked them out over the period to 2020." The report does not say that this definitely would have happened. It is conditional. Were this committee drafting a report and we wrote that the loss could, according to the Comptroller and Auditor General's report, probably have been avoided, would NAMA have an issue with that?
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