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

Mr. Frank Daly:

Yes. The whole purpose of the sale was to get the best possible deal we could for the taxpayer, and that was what we got. We were not going to allow Mr. Cushnahan's alleged manoeuvrings to interfere with that. It should be remembered that the only alleged manoeuvrings were the fact that PIMCO had told us that Mr. Cushnahan could share in a success fee. We were not aware of any other manoeuvrings or alleged manoeuvrings of Mr. Cushnahan.

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