Oireachtas Joint and Select Committees

Thursday, 1 October 2015

Public Accounts Committee

Northern Ireland Assembly Finance Committee: Discussion on NAMA Project Eagle Sale

10:00 am

Mr. Daithí McKay:

Yes. Cerberus, Fortress and PIMCO have indicated they do not wish to attend the committee. Obviously, this is a trend of not co-operating with the committee. Yesterday, the committee signed off on four to five pages of questions to send to PIMCO and we will see what comes back but what we found to be productive were the written responses we received from NAMA. They contained some nuggets of information of which we had not been aware of previously. We also have received written correspondence from Cerberus outlining its interpretation of how things have happened. As I stated earlier, our inquiry is in its early stages because there were legal issues to get over at its outset. After we receive those written responses, we will home in on who really needs to appear before us.