Oireachtas Joint and Select Committees
Wednesday, 16 December 2015
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Operations and Functioning of NAMA: Discussion
2:30 pm
Mr. Frank Daly:
Yes. The allegation that Mr. Cushnahan met PIMCO was given in evidence by the First Minister of Northern Ireland, Peter Robinson, to the committee on finance, in which he stated that in May 2013 he had met PIMCO and that Mr. Cushnahan was there. This was news to NAMA. We were not aware of this. I wrote to Mr. Cushnahan on 19 November and asked him to come back to me on whether this was correct, whether he had any views or whether he wanted to tell me anything about it. I also asked him to clarify whether any other relevant meetings had taken place. I asked why he had not declared or deemed it appropriate to declare these interests to NAMA. I have not had a reply from Mr. Cushnahan to this. We provided the letter to Mr. Cushnahan to the Northern Ireland finance committee. We also sent it to the Committee of Public Accounts and I understand it was noted.