Oireachtas Joint and Select Committees
Thursday, 9 July 2015
Public Accounts Committee
National Asset Management Agency: Financial Statements 2014
9:30 am
Joe Costello (Dublin Central, Labour)
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Did NAMA suspect anything at that point in time, perhaps when he went on say that "the integrity of the transaction is our main concern"? That is an interesting comment to make by someone who is trying to sell to one particular partner. He says there are two but then he concentrates on one and then he talks about the integrity of the transaction as being "our main concern." He continues: "Preceding with one party on a limited exclusivity will ensure a focused expedient process with guaranteed confidentiality which we would see as absolutely vital for such a process."