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:

I answered that question already this morning. I cannot remember whether it was in a response to the Deputy or another member. Compromising of the process would have been an issue if, at the end of the day, either in terms of setting the minimum price or in the process of the competitive bidding that we had, or in terms of the decision ultimately to accept the Cerberus bid, Mr. Cushnahan was in any way remotely involved in any of that process. It is my absolute contention, and that of the board, that he was not.

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