Oireachtas Joint and Select Committees

Thursday, 1 October 2015

Public Accounts Committee

Northern Ireland Assembly Finance Committee: Discussion on NAMA Project Eagle Sale

10:00 am

Photo of John PerryJohn Perry (Sligo-North Leitrim, Fine Gael)
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However, Mr. McKay must remember that if the Public Accounts Committee in Northern Ireland is conducting its inquiry on the due diligence of the sales, there obviously is a PSNI inquiry to ascertain whether there are irregularities or criminal issues that have been raised. This is not a quick-fix solution if one looks at the documentation regarding accountability and if one considers the position of this economy when NAMA took over. I would like to hear about the properties in Northern Ireland because my information is it was a mixed bag of quite valueless properties with little to no title to many of them. Has the Northern committee carried out due diligence on the portfolio of Project Eagle?