Oireachtas Joint and Select Committees

Tuesday, 18 October 2016

Public Accounts Committee

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

10:00 am

Photo of Catherine ConnollyCatherine Connolly (Galway West, Independent) | Oireachtas source

Let us deal with the issues relating to the conflict of interest. It was said that the allegations regarding Mr. Cushnahan's involvement in an arrangement to share fees with Brown Rudnick and Tughans warranted more action by NAMA when the matter came to light. That is a statement from the Comptroller and Auditor General. He went on to say that the matter warranted more action, such as seeking advice from the unit within the National Treasury Management Agency that was responsible or writing to Mr. Cushnahan to seek confirmation or an explanation. Could any of the three witnesses deal with that aspect please?

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