Oireachtas Joint and Select Committees

Thursday, 17 November 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

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

The witness did not need Brown Rudnick to tell Cerberus that and Cerberus did not need to spend - my God - £15 million to make those systemic discoveries. I put it to Mr. Neporent that for its £15 million Cerberus got extensive debtor information, which we have agreed on. My question now is whether or not Cerberus got something else, which was the comfort - not unreasonable from Mr. Neporent's point of view - that Cerberus would have some kind of a reasonable, rational relationship with the 55 debtors?

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