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
Mary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source
I think we have to arrive at the conclusion that Mr. Daly, Mr. McDonagh and all present today from NAMA are resolutely sticking to the position that they knew nothing of any involvement of Frank Cushnahan with PIMCO and this transaction prior to March 2014. They are saying that despite the fact that there is a reference in the contemporaneous notes of the telephone call and the board minutes, which explicitly cites April and May 2013, this was somehow not an indication of PIMCO giving that information to NAMA. In fact, they have gone as far as to say – this is significant – that PIMCO deliberately mislead and failed to provide information that it properly should have provided.
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