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 Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

I want to try to be helpful with this so there is a concept around this. Mr. Neporent was quite explicit, as I noted earlier. In his view, £15 million was the price tag on debtor information and access to movers and shakers. These are decision-makers in the North and also in the South. That was his position. We know, along with the witnesses, that Mr. Cushnahan had a specific relationship with debtors. We also know, as it is in the Comptroller and Auditor General's report, that there was a specific provision in this transaction that there was not to be contact between bidders and debtors. Is that not correct? Would it be fair to say that in having the kind of access relationship information that Mr. Cushnahan had, he could have proven a convenient bridge or access point in respect of debtors? All the witnesses have said repeatedly is how difficult the Northerners were.

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