Oireachtas Joint and Select Committees
Thursday, 24 November 2016
Public Accounts Committee
Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)
9:00 am
Catherine Murphy (Kildare North, Social Democrats)
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It actually influenced the process by virtue of the fact that they came with an offer on the table. It became a single process as opposed to the customary best-practice two-phased approach where one opens it up to a wide group and then one narrows it down. More information is probably offered to those in the second round. The process appears to have been influenced by the fact that the bid was on the table. That then has the prospect of being an influencer in the minimum that NAMA would have set.