Oireachtas Joint and Select Committees

Thursday, 10 November 2016

Public Accounts Committee

Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)

9:00 am

Mr. Seamus McCarthy:

Deputy Catherine Murphy asked whether there is anything I would strengthen or do differently. Looking back over the papers in recent days, one point I will make concerns figure 4.6 on page 71 of the report, which effectively shows a sequence of the opportunities to access the report. What we possibly should have done there is present the actual dates when approaches were made and when companies declined to enter or withdrew from the process because they are instructive and underline the substitution of round 2 bidders when round 1 bidders did not come forward.