Oireachtas Joint and Select Committees

Wednesday, 16 November 2016

Public Accounts Committee

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

12:30 pm

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

I wish to ask a question of the deputy First Minister for clarification purposes. When Frank Daly, the chair of NAMA, was before the committee he was questioned a number of times about why NAMA did not move sooner to remove Mr. Cushnahan from his role, he cited political sensitivities. He said:

[...] removing Mr. Cushnahan from the committee before his resignation in November 2013 would have been seen as a very significant and controversial move and one that would have caused tensions in the positive cross-Border political engagement that has served the island of Ireland so well over recent decades. Given that the removal of Mr. Cushnahan would have been presented as a slight to Northern Ireland interests, we could not have done so without being satisfied that such an action was justified.

Was that Mr. McGuinness’s view? Would he have taken that as a slight? In the context of political sensitivities and cross-Border political engagement, was that based on any conversations Mr. Daly had with Mr. McGuinness at any point?

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