Oireachtas Joint and Select Committees
Tuesday, 25 October 2016
Public Accounts Committee
Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)
10:00 am
Mr. Alan Stewart:
Yes, that is right. The core concern of the board was the fact that Frank Cushnahan was a potential beneficiary from this fee. That was relayed. Indeed, that is consistent with what is in the board minutes. At that point, they raised the point that a third of the fee was in fact payable to a named individual in Tughans and, again, that they were willing to withdraw from the process.