Oireachtas Joint and Select Committees

Tuesday, 22 November 2016

Public Accounts Committee

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

10:00 am

Mr. Patrick Long:

Because they did not meet NAMA's criteria for inclusion in the process and also because we felt that, very simply, they would not be additive to the sale process. We felt they did not have the capacity to pay more for the loans than the parties that we already had in the process.