Oireachtas Joint and Select Committees

Thursday, 6 October 2016

Public Accounts Committee

Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)

11:00 am

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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It is not a question of agreement or disagreement. There are two conflicting views. The central issue for me is that on all occasions in NAMA transactions, the taxpayer would recover the maximum amount of money.

I watched the evidence from the Comptroller and Auditor General, Mr. Frank Daly and the committee’s questions. There seems to me to be an unresolved issue about what the appropriate discount rate should be. There also seems to me to be an issue about process. There seems to be-----