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
Ms Ann Nolan:
Just to make it absolutely clear, the letter which came in from Mr. Wilson - which is on the record, before this House and which the Minister addressed the last time - mentions two bidders, not one bidder. It did not state that it wanted PIMCO specifically. As I remember it, and my colleague might double-check this, PIMCO is not mentioned in that letter, the letter that came into our Minister. Notwithstanding what is in this letter, with respect to the letter that came into us from Sammy Wilson which included the Brown Rudnick letter, we forwarded it on to NAMA and we also wrote back to Mr. Wilson telling him that they should approach NAMA directly. We did that with anyone who came to us about any assets that they wanted to buy in NAMA. That was our standard procedure.