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

Can that letter be put up on the screen? It refers to April 2013, which is around this time involved. The year long work would have started to kick in at this time, in March or April, that Mr. Keinan and Brown Rudnick would have been talking about. That letter states: "In April 2013, PIMCO was approached by Mr. Tuvi Keinan, a partner at the law firm Brown Rudnick who then introduced PIMCO to Ian Coulter of Tughans and Mr. Frank Cushnahan, with whom Brown Rudnick appeared to be working to identify potential purchasers for the NAMA Northern Ireland loan portfolio...". It seems from that letter that this is when that year long work started and it would have involved Mr. Cushnahan. Would that be fair to assume?

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