Oireachtas Joint and Select Committees

Wednesday, 16 November 2016

Public Accounts Committee

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

12:30 pm

Mr. Martin McGuinness:

During the course of what was a fairly lengthy process - as many people here know there would have been meetings of the North-South Ministerial Council, which would have been attended by most of our Ministers and nearly all of the Ministers from the South - and the conversations that took place, the Minister for Finance, Deputy Noonan, appreciated the concern that there was in the North in respect of the prospect of a fire sale. He was very reassuring from our perspective in the context of recognising concerns that we had expressed. That was the only forum at which there was a discussion on the part of the Executive around the issue of NAMA. Nothing to do with NAMA and the process that was undertaken, dealing with the detail of what we now know, came to the Executive from the Finance Minister.