Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Public Accounts Committee

National Asset Management Agency: Financial Statements 2014

9:30 am

Mr. Brendan McDonagh:

PIMCO advised us that it was going to pay a success fee of €15 million to Brown Rudnick.

Brown Rudnick was going to share that success fee with Tughans and with Mr. Cushnahan. There was £15 million and we understood there was £5 million each.