Oireachtas Joint and Select Committees

Wednesday, 14 December 2016

Public Accounts Committee

Policy on the Retention of Contemporaneous Notes in the Preparation of Board Minutes: National Asset Management Agency

10:00 am

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

I do not want to put words in Mr. Daly's mouth but no evidence has been produced as to how the €1.3 billion figure was arrived at as the reserve price. We do not have any documentation on that. Does Mr. Daly agree that, in hindsight, it would have been better if that the 10% figure in reference to the €1.3 billion had been included in the board minutes because it would have made life very simple?

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