Oireachtas Joint and Select Committees

Tuesday, 25 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 David CullinaneDavid Cullinane (Waterford, Sinn Fein) | Oireachtas source

The point is that there was an exchange. Mr. Stewart was a conduit for the board and he was one of those who were party to the conference calls between NAMA and PIMCO. The board was concerned about the success fees and PIMCO had come to NAMA to make it aware of it. When NAMA was made aware of it, the Minister was then contacted by the chair of NAMA. Mr. Stewart is a legal person working with NAMA. From a legal perspective, why would he have contacted the Minister?

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