Cerberus’s say they agreed to pay Brown Rudnick 1.1% of the value of the Project Eagle deal…

Just putting this here… This is how Cerberus describe the nature of their arrangement with Brown Rudnick pic.twitter.com/32ODnntCzy — JPCampbellBiz (@JP_Biz) November 17, 2016 Mick FealtyMick is founding editor of Slugger. He has written papers on the impacts of the Internet on politics and the wider media and is a regular guest and speaking events across Ireland, the UK and Europe. Twitter: @MickFealty

What exactly is going on with this ‘draft’ letter to Tughans?

In Dublin Frank Daly of Nama told his critics to put up or shut up after the PAC in Dublin failed to land a single blow on him over Project Eagle. Meanwhile away from the northern antics of the Finance and Personnel Committee, Julian O’Neill unearths something very odd… The sale of the Northern Ireland Nama loan book was claimed to be the idea of a Belfast accountant who has said he was due the £7.5m success fee. The BBC …

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“…no evidence that any other person was involved, so I am sceptical of this political allegation”

Jamie Delargy on UTV last night gave as sharp and precise a precis of where we are with the Nama story thus far. Two points worth highlighting: There is no evidence that that money was then destined for any other person. It was under the control of Ian Coulter, it may have been the case that Mr Coulter intended keeping that money, it may have been the case that he was going to pay other people, but we have no …

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“Mr Cushnahan was to share in a three-way split of £15m with US law firm and Ian Coulter…”

Here we go, the little matter of the Tughan’s money just took the Dail committee to ask a few pertinent questions this morning to throw some light on previous the Pimco deal… A former Nama adviser was in line for a £5m payment after the sale of Nama’s property loan portfolio in Northern Ireland, an Irish parliament (Dáil) committee has been told. A US investment firm, PIMCO, pulled out of the tender bidding process after discovering the fee arrangement to …

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Round up on the NAMA/Tughans/Robinson story…

So, what’s been happening on the Project Eagle story today then? So the DFP committee is to investigate the matter, but the chair of that committee thinks it may have to be referred to the Guards and the PSNI. Oh, and Mick Wallace doesn’t see the point. On the Robinson side of the story Gareth (not Gavin who also it seems has links at Tughans) and his PR firm are making themselves unavailable for comment. Next, the Irish News lead …

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The Key Players in Nama/Tughans Deal – who the DFP Committee want to hear from

The Department of Finance and Personnel Committee met today to schedule hearings to investigate the Project Eagle sale of Nama’s Loan Book in the north. The first of the hearings have been provisionally scheduled for Wednesday and Thursday the 15th and 16th of July The Assembly Research Team have been tasked with providing a draft of questions and timeline of events to the Committee. There was widespread support for early hearings across all the parties attending, given the level of …

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