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:

I am not suggesting it, Deputy, but putting on the record that we did not know. To follow through on the Deputy's question, I am saying quite clearly that when we did become aware of this - and it was through the PIMCO letter even though it is not, to our minds, exhausted - when we became aware whenever that letter was produced to the committee, or read at the committee, that Mr. Cushnahan appeared to have a relationship back to April 2013, we reported that to the appropriate authorities because that was the first we became aware of his involvement with this while he was a member of the NIAC.

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