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
David Cullinane (Waterford, Sinn Fein) | Oireachtas source
The second one was that what was not disclosed was that Mr. Cushnahan was one of the organisers of the meeting in May 2013 at which PIMCO met with the First Minister and Minister of Finance in the North. Mr. Daly disputes that it was disclosed to NAMA. The third fact that was not disclosed was that PIMCO was approached by Brown Rudnick in June 2013. The fourth one is that PIMCO had sought confirmation from Brown Rudnick in 2013 as to whether NAMA had been informed of and had approved the involvement of Mr. Cushnahan in PIMCO's proposed transaction. Mr. Daly is not disputing that any of these things happened. He is saying clearly they are facts as they are put by PIMCO but NAMA was not made aware of them.
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