Oireachtas Joint and Select Committees

Thursday, 29 September 2016

Public Accounts Committee

Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle

9:00 am

Photo of David CullinaneDavid Cullinane (Waterford, Sinn Fein) | Oireachtas source

With respect, the test of whether Mr. Daly's version of the minutes holds any water is in Appendix E, which we will go through line by line. Before we do so, Appendix E, as I read it, is a summary of communications and conference calls between PIMCO and NAMA. This information was given to the Comptroller and Auditor General and it is his synopsis of what happened. We will go through it line by line and then put Mr. Daly's hypothesis to the test, to use his phrase. It states:

On 7 March 2014, PIMCO’s Legal and Compliance Unit requested a conference call with NAMA Legal in relation to Project Eagle. The call took place between PIMCO’s legal counsel (internal and external representatives) and NAMA’s Senior Divisional Manager Legal and Head of Asset Recovery on 10 March 2014.

Is NAMA’s senior divisional manager legal present?

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