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:

Yes, we were motivated to achieve as high a price as possible. That is how a success fee works. For completeness, since the sale of the Project Eagle portfolio to Cerberus, I have seen no evidence to suggest a different process would have resulted in a higher price being achieved.