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:
This is Cerberus's view of the value of information. By the way, I am not sure he said it was coming from Mr. Cushnahan. He talked about Brown Rudnick, Tughans and the whole lot of them, but that was the value. It certainly was not Mr. Cushnahan. Remember, Cerberus has confirmed to us that there is absolutely no fee or engagement and that it has never met Mr. Cushnahan. I think he did not confirm it to us - he confirmed it to the committee. Cerberus had never met Mr. Cushnahan, never had an engagement with him and there is no fee proposed for him, so it is talking about information that may have come from Brown Rudnick or Tughans. If they convinced Cerberus that they had that information-----
No comments