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 Catherine ConnollyCatherine Connolly (Galway West, Independent) | Oireachtas source

Is there any mechanism that should have been in place regarding non-disclosure? I tried to understand this earlier and failed to do so. Are Ms O'Reilly and Mr. Stewart telling us that solicitors, knowing everything, can walk from one company, in this case PIMCO - and NAMA knew that the solicitors were to receive fees - and the very next day go to the new bidders. NAMA became aware of that on 3 April. Again, did alarm bells not go off in the heads of Ms O'Reilly and Mr. Stewart, as legal people?

Comments

No comments

Log in or join to post a public comment.