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

Photo of Bobby AylwardBobby Aylward (Carlow-Kilkenny, Fianna Fail)
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PIMCO's indicative bid for the top 55 properties, which were the cash ones was €950 million, which was higher than the €890 million that NAMA expected to sell the loans for. Will Mr. Collison explain this figure as it suggests that NAMA's projected disposal values were too low?