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. Brendan McDonagh:

Absolutely, and the committee had the opportunity to question him on why he paid the fee. I saw the transcript and he said he would pay the fee rather than it going to a counter-party, such as Fortress in the case of this portfolio. This is a commercial call by Cerberus.

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