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 David CullinaneDavid Cullinane (Waterford, Sinn Fein) | Oireachtas source

That is pretty valuable information not to have when Lazard was trying to advise them on their letter of assurance. Had Lazard been advised at that point that Brown Rudnick and Tughans were actually in a relationship with Frank Cushnahan, and that Frank Cushnahan had an association with debtors? NAMA knew this. Why did it not share that information with Lazard? I cannot ask Mr. Long to speak for NAMA but, in his view, the information is valuable information not to have been shared with him.

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