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
Mary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source
I am not saying that NAMA knew in April 2013 what Mr. Cushnahan was up to. I am saying that in March 2014 NAMA was made aware retrospectively of what Mr. Cushnahan had been involved in. One might ask why does that matter. It matters a great deal because it means that Mr. Daly's initial defence of why NAMA was inert and did not act in respect of Mr. Cushnahan saying, "Sure, he was gone anyhow" actually does not hold any water. I am suggesting to the witnesses that in March 2014 it was brought to NAMA's attention that a year previously, when Frank Cushnahan was on the Northern committee, that he had an involvement with Brown Rudnick and Tughans in terms of this transaction, and had lined himself up for a very hefty payment.
No comments