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:

It is very difficult to say what impact it had on price. I am sure there are precedents for that being a stipulation. It was a stipulation of NAMA's at the start of the process. As I mentioned earlier, I believe that the rationale for that stipulation was to reduce execution risk to avoid too many other parties getting involved.