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. Alan Stewart:

That is correct. In that response it identified the three technical breaches, into which I can go if the Deputy wishes. It explained who its adviser was and apologised for the breaches and expressed its view that they were not material. I have since written to it to say it did not answer the question I had asked about all breaches, actual and potential, of the non-disclosure agreement and that it dentified the technical breaches only. I asked the additional question as to what information Brown Rudnick had produced to it because I wanted to gain an understanding of what it was in order to understand if there had been a breach of the PIMCO non-disclosure agreement. That was the reason I was asking the question. It is important for me to understand the answer to the question also.

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