PAC stands firm over criticism of Noonan-Cerberus meeting

Noonan has rebutted the finding that he was wrong to meet with the vulture fund

The Dáil’s Public Accounts Committee is standing firm on its finding that Michael Noonan was wrong to meet with vulture fund Cerberus the day before it submitted its final bid for Nama’s Project Eagle, despite a furious response from the finance minister last week.

Noonan has rebutted the finding, contained in the committee’s draft working paper and published by this newspaper last week, that it was “not appropriate” for him to meet with ...