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

Photo of Shane CassellsShane Cassells (Meath West, Fianna Fail) | Oireachtas source

Cerberus wanted to acquire the services of Brown Rudnick for £15 million. It paid that money so, effectively, others would not have that service or information, regardless of whether it was of value or not, and to keep others off the field. It obviously paid fees to ensure it had the optimum chance here. It felt that there were others who could have acquired this.

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