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

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

The only reason I raise this is because Ms Nolan brought the topic up in a letter. The next paragraph refers to the setting of the minimum price section of the summary. She states, "The decision to sell the loans at £1.3 billion involved a significant potential loss". She referred to this point and that is the reason I am bringing it up. If it had only achieved £330 million, there definitely would have been a probable loss at that point. Does Ms Nolan accept that?