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

At the July committee meeting, Mr. Daly stated:

I do not think there is any indication that the involvement of those in PIMCO indicated that they were trying to pull themselves out of the sale. In fact, the whole tenor of their approach on this issue around Frank Cushnahan was to stay involved.

What I am reading from Appendix E is that it was actually NAMA that was looking at alternatives and ways in which it could keep PIMCO in the game. That is my reading of it. What I am trying to get from Mr. McCarthy is an opinion on whether those two narratives chime.

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