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

Mr. Daithí McKay:

-----but if the Deputy is talking about the actual sale process, I believe that questions need to be asked about that. My committee has put a number of questions to Fortress to which it still awaits a response. We have asked Fortress why it bid as it did, that is, below the reserve price. We have asked it whether it has had any contact or representation from two of the main players in this regard, namely, Frank Cushnahan or Tughans. That absolutely is an area on which there has been a focus.