Oireachtas Joint and Select Committees
Thursday, 13 October 2016
Public Accounts Committee
Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)
9:00 am
David Cullinane (Waterford, Sinn Fein) | Oireachtas source
It states here that Mr. Cushnahan did declare an interest in respect of a relationship with six debtors. There may not have been sufficient examination of what that meant but the declaration was made. In the "Spotlight" programme, Mr. Rowntree said there was commercially sensitive information that would be of value to an overall portfolio and that there were things that he witnessed and heard in NAMA that would have offered commercial opportunity. I am trying to put myself in Mr. Rowntree's shoes. If I was a member of the NIAC and was involved in discussions at whatever level or however sensitive and one of the people I was sitting next to had the same position as Mr. Rowntree and had a relationship with debtors that made up 50% of the loan portfolio that I was not made aware of, I would feel personally let down. I am not asking Mr. Rowntree to comment on an individual's behaviour but I am asking if he feels let down because the information was not shared with him. Does he believe it should have been shared with him?
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