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 Catherine MurphyCatherine Murphy (Kildare North, Social Democrats) | Oireachtas source

Cerberus knew that PIMCO had exited the process and it would have known that PIMCO had experts available to it, of which one was Brown Rudnick. In his opening statement, Mr. Neporent mentioned Brown Rudnick offering its services to another bidder so Brown Rudnick obviously knew there was another bidder to whom it could go if Cerberus did not take its services. Would this have been a piece of intelligence as to who else was in play?

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