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:

Let me think about the best way to answer that question: the circumstances of this transaction are quite unusual. As I mentioned earlier, the fact that PIMCO had made an approach to sell a portfolio that NAMA probably did not believe it could sell in its entirety-----