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

With respect, the knowledge Mr. McDonagh had at that time on 13 March at that meeting was that there was a three-way split that involved Mr. Cushnahan. He had an association with debtors. Mr. McDonagh then says he formed a view that any association with Brown Rudnick and Tughans was when he left. The concern would have been that surely there was a possibility that he had an association prior to that. That would have been the most obvious question to ask and yet the board of NAMA did not even ask PIMCO. The reason why I believe it did not ask PIMCO is because it already knew.

Can I go to page 116-----

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