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

Photo of Marc MacSharryMarc MacSharry (Sligo-Leitrim, Fianna Fail)
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I am under a bit of time pressure so I want to get to the memorandum of understanding, with which my colleague has dealt. I do not want to focus too much on the aspect with which he dealt. Now that Mr. McGuinness is aware of what is in the memorandum of understanding, does he have concerns that a Government in the North was advocating terms and conditions that may have been against European law on public tenders and so on? For example, section 5 of the memorandum of understanding seeks that the third party, which would ultimately be the purchaser, "at all times on a preferred basis in respect of any underlying assets", when enlisting professionals or if it needed to procure any materials, professional services, non-professional services or construction services, should use supply chains from the North. Does Mr. McGuinness have a view on that?