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 accept that of course he could have sourced it from other places. I do not dispute that. Cerberus was absolutely clear - Mr. Neporent did not put a tooth in it - in saying that £15 million was the price tag for debtor information. He was quite specific in detailing abstracts on debtors and loans, guarantees and potential business plans. It seemed to be quite a body of work. It was very clear that Brown Rudnick, Tughans and Mr. Cushnahan had this asset in the form of access to this information.

They went so far as to say to Cerberus that if it was not interested, they would take it elsewhere.

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