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 Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

Okay. This has been an important issue, even though some people might be quite bored by it. The documentation Mr. McDonagh provided to the committee uses the phrase "the discussion on the 10%" because it was implicit in the discussion that the people on board all had financial expertise and knew about the higher rate. The committee is saying that he is not able to demonstrate to us that happened or the scenario was worked out. That is our difficulty.

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