Oireachtas Joint and Select Committees

Thursday, 24 November 2016

Public Accounts Committee

Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)

9:00 am

Ms Aideen O'Reilly:

-----Telephone Call with Pimco, 11 March 2014 (circa 5pm)". The relevance is this is that Deputy Cullinane asked the chairman if NAMA asked PIMCO when PIMCO became aware of the issue. It is clear from the notes of that call that during the call PIMCO was asked exactly that question. There follows a summary of what Mr. Tom Rice, PIMCO's legal counsel, told NAMA in response to the question of when PIMCO became aware of the issue. It is very clear that paragraph is what it is, and it is entirely different from the very detailed-----