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 Shane CassellsShane Cassells (Meath West, Fianna Fail) | Oireachtas source

In terms of the work of this committee, the sheer lack of a paper trail is what really goes to the heart of this matter and probably leaves more questions than answers.

In respect of the allegations of Mr. Cushnahan's involvement, in the conclusions of the Comptroller and Auditor General, in an arrangement to share fees with Brown Rudnick, this warranted more action by NAMA when the matter came to light. Mr. McCarthy referred to those in NAMA being focused on what were their legal obligations rather than what were the options for action that should be considered. Were they walking the tightrope in terms what was legal and what was not?

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