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:

In all areas of life people always want more information. Given an option of bid or not, I would always bid. Bidders can always cover their position by saying “subject to due diligence”. If somebody tells me the rental income is £100 million and will be £85 million next year, there are 900 assets, 55 borrowers and asks me to indicate where my interest might be I would be happy to go with that.