Oireachtas Joint and Select Committees

Thursday, 6 October 2016

Public Accounts Committee

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

11:00 am

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

There was no reference when Frank Daly briefed me on PIMCO's withdrawal. There was no reference to Frank Cushnahan's resignation or discussions on the circumstances of his resignation. What was communicated to me was that the ethics committee in PIMCO in the United States had informed NAMA that money was going to be paid, about to be paid or promised to be paid and Mr. Cushnahan was one of the people who was alleged to have been a possible recipient.

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