Oireachtas Joint and Select Committees

Tuesday, 25 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. John Collison:

No, I will not say that we were pressurised. Certainly, we have a situation where, you know, we regularly receive reverse inquiries across our desks. It is quite commonplace. Some of them we reject outright. They just would not be credible or at a level that would pique our interest.

There would be others that we would give credence to and we found that when PIMCO expressed an interest in this portfolio, this presented an opportunity that we had to explore.