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

It seems strange. I will come back to the witness on that.

Finally, I put it to the witness that in paying out £15 million for the debtor information and the access to the key players, Cerberus was put at a huge advantage. Did it give Cerberus a huge lead on the other remaining bidder, Fortress? Fortress did not have access to this extensive year long piece of work, spearheaded by Brown Rudnick and Tughans with Mr. Cushnahan in tow.

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