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:

Very simply put, we did not feel like the other eight would be additive to the sale process. By that I mean that we did not believe, in our professional advisory judgment, that they had the capacity to pay more for these loans than the parties that were already in the process.