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)
Link to this: Individually | In context | Oireachtas source

My understanding from Mr. Daly's contribution was that he was defending a position of not having a totally new sales process once PIMCO withdrew and not re-advertising and starting from scratch. That was my understanding of it. Mr. Daly also said that all credible bidders were considered in the process, so it seems to me that there was sufficient competitive tension in the competitive process that remained after PIMCO withdrew. I do not see a contradiction. Mr. Carville wishes to make a comment.