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

With the greatest respect to the Chairman, I am not asking witnesses to comment on what they knew then. I am asking them whether they were aware of the PIMCO letter in which PIMCO said it was approached by these individuals in April. I accept that, at the time, based on the information he had, Mr. Mulcahy may have had a view that he had received an approach from PIMCO. He did not know that, a few months previously, Brown Rudnick, Tughans and Mr. Cushnahan had approached PIMCO. Is it a surprise to Mr. Mulcahy that this is how it transpired?

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