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

Mr. John Mulcahy:

The Deputy must remember that I left in January. However, I think he is referring to an earlier point where the board - I think it was the Chairman - said that, for Project Eagle, there was a bespoke process initiated simply to cover off the PIMCO proposal, which was on the table, to get the competitive tension. I think it was probably the first big loan sale that we did.