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. Brian McEnery:
I found the paragraph. It is the second last paragraph on page 122. It reads: "In response to a question from the Board, it was noted that, while the preferred bidder could in theory sell the Portfolio on to PIMCO, there was no suggestion that Cerberus was acting as a 'surrogate' purchaser for PIMCO". I was in the heat of it and asked a question about it as a "just in case". Remember-----