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

Mr. Neporent also then said that his company did not - I am trying to find the relevant reference and will return to this point in a few minutes. Mr. Neporent said in his opening remarks that the Cerberus was provided "with due diligence material containing information and research relating to the portfolio's borrowers, guarantees and assets and potential business plans". That is what Brown Rudnick was giving to Cerberus. Can Mr. Neporent explain that or expand on what is meant by portfolio's borrowers, guarantees, assets and potential business plans?

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