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

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

If I am to believe that response and what Mr. McDonagh has just said that at this meeting he was aware of the three-way split between Brown Rudnick, Tughans and Frank Cushnahan. He was also aware of the previous association of Mr. Cushnahan with six debtors. He then said he formed an opinion that his relationship started with Tughans and Brown Rudnick after he was a member of the NIAC. The very first thing I would have said if I was on the board is that Mr. Cushnahan was a member of the NIAC so we need to check with PIMCO, Brown Rudnick and Tughans to see if there was any involvement when he was a member of the board. Was that ever done?

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