Results 22,341-22,360 of 34,780 for speaker:Seán Fleming
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Seán Fleming: ----- and the other members sitting beside Mr. Cushnahan had no idea as to its contents.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Seán Fleming: We will move on because we are caught for time. Ms Finan might not be aware that we have been given the Northern Ireland committee minutes for the entire period. The minutes state, "A declaration of interest was made by Mr. Frank Cushnahan in relation to...". We have three lines blanked out that we, as the Committee of Public Accounts, have not received. Ms Finan was aware of it at the...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Seán Fleming: I thank Ms Finan.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Seán Fleming: We just want to put it on record. Again it makes our job more difficult. We have a direct conflict of interest. At a previous meeting Mr. Rowntree told us that people sitting at the board had no idea of what was on the sheet of paper handed up and they could have been sitting beside a member who had a conflict of interest and not been aware of it. Ms Finan is saying that is not the case.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Seán Fleming: Yes.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Seán Fleming: No, but they were recorded in the minutes.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Seán Fleming: It was recorded in the minutes.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Seán Fleming: He might have mentioned - Ms Finan cannot answer - debtor, but no figure in relation to the debts were ever mentioned.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Seán Fleming: The board minutes refer to detailed discussions about debtor remuneration and companies' insolvency actions updates. There seems to be quite a bit of information that anyone with any general knowledge would have known even though it was not said at the meeting. It is a bit like the board of NAMA when it discusses big debtors. If a board member mentions that somebody has a particular hotel,...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Seán Fleming: Yes, but in general.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Seán Fleming: Okay.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Seán Fleming: It was public. It was in the courts anyway.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Seán Fleming: I have a final point for the information of the committee. It is not to do with this. It relates to the PIMCO letter we received and read into the record last week. The phone call referred to in the minutes deals with the arrangement of the fee. The minutes recorded categorically based on the phone call talk about the fee-sharing arrangement that had been put in place by PIMCO. That is...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Seán Fleming: Allow Ms Finan to comment.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Seán Fleming: We are coming to the end of this session. A vótáil has been called in the Dáil and we must go to the Chamber. On my behalf, and that of the committee, I thank Mr. Mulcahy, Ms Finan and Mr. Corrigan for being here today. They came here voluntarily. They are not directly involved in NAMA and it is difficult, a couple of years on, to recollect everything that happened at the...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Seán Fleming: We are discussing special report No. 94 of the Comptroller and Auditor General on the National Asset Management Agency, NAMA, and its sale of Project Eagle. Project Eagle was the code name given to the sale of NAMA's Northern Ireland loan portfolio. I welcome from Cerberus Capital Management, the investment firm that bought Project Eagle, Mr. Mark Neporent, chief operating officer, who is...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Seán Fleming: I thank Mr. Neporent for coming.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Seán Fleming: Time please Deputy.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Seán Fleming: I next call Deputy Cullinane who has ten minutes.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (17 Nov 2016)
Seán Fleming: To what meeting is the Deputy referring?