Oireachtas Joint and Select Committees

Wednesday, 22 October 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Operations and Functions: National Asset Management Agency

4:40 pm

Mr. Brendan McDonagh:

When we run a competition, we set out its rules and play by those rules; the bidder should have to do the same. The rules indicated that a bid would have to be submitted with evidence of funding. In this case, evidence of funding was not submitted.