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:

They took place in the Treasury Building, in NAMA's offices.

The discussion that took place was, I suppose, to the effect that they were keen to express their desire to acquire the portfolio. They had been following the Northern Ireland market. They certainly advised at the time that they could transact quickly, that they would be able to ingest a portfolio of that magnitude and that they had substantial financial capacity to complete the transaction and were very keen to see if we would be willing to progress that opportunity.