Oireachtas Joint and Select Committees
Tuesday, 22 November 2016
Public Accounts Committee
Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)
10:00 am
Mr. Patrick Long:
Indeed. On that note, we were aware and took comfort from the fact that, without knowing the precise circumstances of PIMCO's withdrawal and the involvement of Mr. Cushnahan, in so far as Cerberus was concerned, when we heard via NAMA of the arrangements that Cerberus had entered into or was proposing to enter into with Brown Rudnick and Tughans, that NAMA had sought and received undertakings from Cerberus confirming its compliance with FCPA and the bribery Act and that no fee was - I forget exactly what the formulation was - payable to anyone connected with NAMA. We were aware of those assurances.
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