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 David CullinaneDavid Cullinane (Waterford, Sinn Fein) | Oireachtas source

With respect, the Comptroller and Auditor General said in his report that NAMA had relied heavily on this so-called letter of comfort or assurance from Cerberus. It did not conduct the type of examination the Comptroller and Auditor General said it should have done, which was to acquire information from Tughans and Brown Rudnick to see if there was still an association with Mr. Cushnahan.

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