Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Public Accounts Committee

National Asset Management Agency: Financial Statements 2014

9:30 am

Photo of Joe CostelloJoe Costello (Dublin Central, Labour)
Link to this: Individually | In context | Oireachtas source

If there is a smoking gun in this matter, it has to be in the gestation of how this came about in the first instance. The two letters are very interesting. The first came to the Minister for Finance, Deputy Michael Noonan, from Mr. Sammy Wilson, the Northern Ireland finance Minister. The statement, as stated by Deputy O'Donovan, read, "Subsequent to those discussions, I have received the enclosed letter from Brown Rudnick, who will be known to NAMA. They were instrumental in introducing me to two potential investors in the NAMA loan book." I thought Mr. McDonagh said that NAMA had no relationship with Brown Rudnick.