Oireachtas Joint and Select Committees

Tuesday, 18 October 2016

Public Accounts Committee

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

10:00 am

Photo of Alan KellyAlan Kelly (Tipperary, Labour)
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I assure the Chair that I am concluding now and not asking another question. The crux of this in relation to the €170 million is dependant on what I spoke about earlier, which is the four factors versus section 10 of the NAMA Act and whether the process was going to be worthwhile. Was it paramount or exclusive as referred to by Mr. McEnery? That is the crux of this issue. It is whether or not the €170 million to which the Comptroller and Auditor General has referred and which we are discussing here was worthwhile given the four issues to which I have made reference. That is not a question, it is statement. I give way to my colleagues.