Oireachtas Joint and Select Committees

Tuesday, 25 October 2016

Public Accounts Committee

Business of Committee

10:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

We will write first, get a response and then decide our work programme.

Members can see on the next page that the Sea-Fisheries Protection Authority also had a clear audit report. We can move on except that we will write to the HSE for further information.

The next item on our agenda is our work programme and Members can see it on the screen in front of them. Today, as part of our Project Eagle work, we will have officials from NAMA and they will be here in a few moments. We will have Mr. Alan Stewart, who is a senior divisional solicitor working for NAMA. He is one of the persons who was involved in the phone call. He is not here as an independent legal adviser. He is not a legal adviser but one of the people who works in NAMA who has a legal background. He was involved in some of the phone calls that people have inquired about.

On Thursday, 10 November, we will have officials from the Department of Finance. On Wednesday, 16 November, we will have the First Minister Martin McGuinness, MLA. On Thursday, 17 November, we will have former members of the NAMA board who were members of the board at the time of Project Eagle but are not current members and have agreed to come back to us. On the same afternoon, we will have Mr. Mark Neporent, Chief Operating Officer, General Counsel and Senior Managing Director of Cerberus Capital Management.

On the following Tuesday, 22 November, we will have Mr. Patrick Long from Lazard & Company that was the selling agent, commissioned by NAMA, to deal with this issue. As I have said, we have been in contact with PIMCO and we await word on our invitation for PIMCO to attend.

On Thursday, 24 November, we will have NAMA officials. I wish to say briefly, to the Comptroller and Auditor General, that at our private meeting this morning a request was made for a meeting with him before we go into the final round of meetings to clarify some issues before we meet the board members and chairman of NAMA again. We will set a date for the meeting. Members have requested that we have the meeting soon.

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