Oireachtas Joint and Select Committees

Wednesday, 16 December 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Operations and Functioning of NAMA: Discussion

2:30 pm

Mr. Frank Daly:

I will take the last question. I reiterate that NAMA did not do anything incorrectly in regard to Project Eagle or any other sale. I will not point the finger at any particular jurisdiction but it is a feature that, from time to time, people put themselves about as having more influence or power than they really do. I was going to say we all do it, but that would be unfair. As to whether it happened in this case, I will leave members to judge for themselves. Where anybody was incorrectly putting themselves about in that position, I assure members they did not have one whit of influence, one way or the other, on the sale by NAMA of its Northern Ireland portfolio. I will not go over the details again but that is the reality.