Oireachtas Joint and Select Committees

Thursday, 1 October 2015

Public Accounts Committee

National Asset Management Agency: Financial Statements 2014 (Resumed)

10:00 am

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

When Mr. Daly appeared before the committee in July, I asked him a question regarding Mr. Cushnahan's relationship with Tughans solicitors. As we know from previous hearings, a number of the Northern Ireland advisory committee meetings were held at Tughans' offices. That struck me as odd and deeply inappropriate but that is what they were held. I asked Mr. Daly to clarify what he knew about this relationship between Mr. Cushnahan and Tughans and he gave me a mixed answer. He said he became aware of it in September 2013; I acknowledge he has revised that to April 2013. I asked him at the time if he was aware of, or if there had been, any suggestion that Mr. Cushnahan was using Tughans or their facilities to give advice, assistance or anything else to NAMA debtors or to others. Can I put that question to him again? Can he explain what records he has to establish that it was, in fact, April 2013 that he became aware of this relationship between Mr. Cushnahan and Tughans?

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