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

Photo of Catherine ConnollyCatherine Connolly (Galway West, Independent)
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One of the many conclusions of the Comptroller and Auditor General was that PIMCO appeared to have had an advantage having been in the race from early on. Even when he wrote this report, he was not aware that PIMCO was in it. It has come out that PIMCO was in it even further back, was in the data room and had a competitive advantage. Now that Mr. Long knows all of this, would Mr. Long agree that PIMCO had a competitive advantage?