Cerberus chief confident no improper payments were made

The successful bidder for the Nama Project Eagle portfolio will tell the Public Accounts Committee today that legal firms involved in the deal told them they would offer information to other bidders if they did not pay support fees of £15m.

Mark Neporent, the chief operating officer of New York-based vulture fund Cerberus, will make the allegation when he appears before the Dáil group this afternoon.

The cross-party PAC is currently examining issues surrounding the multi- billion 2014 deal due to the Comptroller and Auditor General’s claim earlier this year that it ultimately cost taxpayers €200m in lost funds.