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

Mr. Daly has said that repeatedly but that is not the question I am putting to him. Anybody looking at this turn of events would say:

You run into this problem with Brown Rudnick, Tughans, PIMCO and Cushnahan. Cushnahan is off the pitch. Another bidder is in and, lo and behold, it is Brown Rudnick and Tughans.

Let us not forget that further down the process a controversy and an allegation arise again in respect of where fixers' fees were going. I would have thought that if Mr. Daly had his lights switched on at all, just as he should have asked Mr. Cushnahan or PIMCO to tell him when his success fee as agreed, equally Mr. Daly should have had the presence of mind, with all due respect, to put it to Brown Rudnick and ask them when was it that they became advisors, spokespersons or representatives for Cerberus.

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