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:

I do not know what services Cerberus thought they were getting or eventually got from Brown Rudnick or Tughans.

Let me help the witness. The Cerberus representative told us at committee last week and did not put a tooth in it. There are two things. The first is debtor information, and he was quite specific about that, and the second is access to what they called key stakeholders; movers and shakers, politicians North and South. They paid £15 million for that. One of them was debtor information.

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