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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Obviously, I am conscious of the Comptroller and Auditor General's report and his comments on the process. I am also conscious of the evidence given by the Chairman and the chief executive of NAMA. As I have said on a number of occasions, contrary positions have been taken on a number of matters. I think everybody is hoping the Committee of Public Accounts will help to resolve these disagreements, to put it at its mildest. NAMA was entirely legally entitled to do anything in the sale process. It was not a matter for the Minister to tell it what to do when it was acting in accordance with the Act.