Oireachtas Joint and Select Committees
Thursday, 24 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
Mr. Frank Daly:
We were questioning it. We were a bit surprised because first of all we thought it was going across as solicitors and we knew that Cerberus already had solicitors. I think that has been aired quite extensively here. The more general concern, and it arose from a discussion that morning between the CEO and myself prior to the board meeting, was that the immediate minimum we needed to do was to get an assurance from Cerberus in writing that there were no success fees payable to anybody with any connection past or present with NAMA.
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