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

Mr. Oliver Ellingham:

We must be clear. There were discussions with the legal and compliance department of PIMCO and between the buying team of PIMCO. As a board, our position was very clear, and the position of the legal and compliance department of PIMCO was very clear, that it was a problem. They came to us and said they had a problem with it.