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:
My comment is that the key question in all of this was whether Cushnahan was involved. Was he getting a fee or anything from this now that Brown Rudnick was with Cerberus? The decision to seek a declaration from Cerberus endorsed by a declaration from Tughans and Brown Rudnick was the focus of that morning. That was something we decided we needed before the board made a formal decision to adopt Cerberus as the preferred bidder. That was the big issue for us.
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