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

Yes. So Mr. Daly's man has this relationship with Tughans and has personnel based in Tughans and, it is suggested, may have been giving advice or information to debtors and so on. Mr. Daly has said he knows nothing about that. Tughans, themselves, have acknowledged that he was a person who sent them business and clients. If ever there was a situation riddled with conflict of interest, screaming it, then that is the scenario. One could not make it up. I remain astonished to this day. Given that Mr. Daly did know and has now acknowledged the dynamic between Tughans and Mr. Cushnahan, given that the organisation, Mr. Daly's people, were sending documentation to personnel in that place, I am astonished that Mr. Daly allowed that to go on.

Comments

No comments

Log in or join to post a public comment.