Oireachtas Joint and Select Committees

Thursday, 17 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 Alan KellyAlan Kelly (Tipperary, Labour)
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That is actually an answer, to be fair to Mr. Mulcahy. Usually for a loan sale, NAMA loan sale advisers provide advice on sales strategy, market conditions, estimated values of portfolio, etc. None of this happened with Project Eagle, yet it was the first large multi-debtor sale. Why was this advice not sought?