Results 23,141-23,160 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) (18 Oct 2016)

Seán Fleming: Brown Rudnick was part of the process with PIMCO all along. Surely as part of that process there must have been some contact with Brown Rudnick as to who the other bidder was. The board members never inquired. Nobody seems a bit interested in somebody else that-----

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Seán Fleming: I find that interesting. I asked that question because that has always puzzled me. I have two other brief questions. NAMA's minimum acceptable amount was £1.23 billion, and it got £1.241, £11 million over the figure, which is 0.89% over. NAMA has said several times that if it did not get £1.23 billion it would not have proceeded. Are the board members telling us at...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Seán Fleming: The board members might have gone into further rounds of negotiation.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Seán Fleming: -----with the two remaining bidders.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Seán Fleming: The board members are saying that at that board meeting it was high-wire stuff and they were a fraction of a percent over their minimum amount. It must have been a big relief to get that because it was high-wire stuff?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Seán Fleming: Yes. The board members did not want to let that offer go at that point.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Seán Fleming: Yes, in terms of the under-bidder, but the board members had only bidder over that amount-----

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Seán Fleming: -----and they just about got it over the line in terms of the figure of £11 million.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Seán Fleming: My last question relates to the board meeting we referred to earlier at which Mr. McDonagh was the only person who was physically in the room. The board meeting minute states that the meeting started at 4 p.m. and finished at 4.30 p.m. That sounds like a rubber-stamp exercise for such a big financial transaction. The board members were on phones at different ends of the country and the...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Seán Fleming: The meeting was 30 minutes in length. It was minuted. It was finished in fewer than 30 minutes.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Seán Fleming: Where? When, in March?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Seán Fleming: No. The board members had meeting in the middle of March when they were told about-----

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Seán Fleming: The board members had no meeting for over two and half weeks.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 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) (18 Oct 2016)

Seán Fleming: All I am saying is that at the end of that half-hour meeting a very quick decision was made. I am not saying there is anything wrong, I am just remarking that. I am still trying to get into the frame of mind of the members at the board meeting. We just want to have an understanding and sense of what happened. At this stage, I think we have completed-----

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Seán Fleming: Okay. I appreciate that.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Seán Fleming: That is the information we have been looking for all along, earlier information regarding the discount.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (18 Oct 2016)

Seán Fleming: Do not worry. I have it there. It is in the accounts. I accept that point completely. On behalf of the Committee of Public Accounts, I thank Mr. Ellingham, Mr. McEnery and Mr. Soffe for making themselves available to meet the committee today. It was probably a more extensive meeting than they might have had were they to have met the Comptroller and Auditor General but that is the way...

Written Answers — Department of Health: Accident and Emergency Departments (18 Oct 2016)

Seán Fleming: 36. To ask the Minister for Health his views on the substantial increase in overcrowding in the emergency department in the Midland Regional Hospital, Portlaoise; and if he will make a statement on the matter. [30668/16]

Written Answers — Department of Health: Occupational Therapy (18 Oct 2016)

Seán Fleming: 122. To ask the Minister for Health the action that will be taken to reduce waiting times for children needing occupational therapy in counties Laois and Offaly; and if he will make a statement on the matter. [30669/16]