Oireachtas Joint and Select Committees

Thursday, 8 October 2020

Public Accounts Committee

Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019

11:30 am

Photo of Marc MacSharryMarc MacSharry (Sligo-Leitrim, Fianna Fail) | Oireachtas source

I know it is not the way it works generally. I am saying that, in the context of this and, similarly, of Project Eagle, it is a matter of fact that valuations were not done, that competitive tension was not sought in the normal way and that mistakes were made in aspects of the valuation. My question, in effect, is whether this was looked at in isolation and decided that, as one of the 800 business plans that would perform, there was no need to worry about the kind of detail that would be applied to others.

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