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Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Gerald Nash: Was that in the context of a meeting or was it over the telephone?

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Gerald Nash: Mr. Maloney, Mr. Bradshaw and Mr. McNamara discussed the price on the eve of the board meeting of the 24th.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Gerald Nash: How did Mr. Maloney feel about that given the involvement of people synonymous with Anglo Irish Bank were on the board?

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Gerald Nash: Was Mr. Maloney comfortable with it?

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Gerald Nash: To interrogate that general point a little further, how would Mr. Maloney describe the culture of the board? It was populated by some very significant players in the Irish and, arguably, the international financial system. There were probably more Gordon Gekkos than Mother Teresas on it at the time. Did Mr. Maloney find it to be an intimidating environment, an environment that was somewhat...

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Gerald Nash: Did Mr. Maloney never feel bounced into taking decisions he was uncomfortable with, because of the record these guys had?

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Gerald Nash: Deputy Eoghan Murphy has covered a considerable amount of ground and I thank Mr. Maloney for his evidence and co-operation with the committee. I ask Mr. Maloney to outline his previous work before he became CEO of the DDDA.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Gerald Nash: Mr. Maloney is an experienced public servant, having worked in the Defence Forces and spent a considerable number of years in the local authority structure within Dublin City Council. I am somewhat surprised that he was not as familiar as he might have been with the structure in the Department of the Environment, Community and Local Government and how it operated, given that he was a...

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Gerald Nash: I did not mean it to be disparaging in any way.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Gerald Nash: I say that genuinely.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Gerald Nash: Mr. Maloney has mentioned that initial arrangements for bank backing were expected to be with Bank of Scotland. Is that not correct?

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Gerald Nash: Very suddenly a decision seemed to have been arrived at to deal with Anglo Irish Bank. Former senior Anglo Irish Bank people were synonymous with the Dublin Docklands Development Board. Based on board minutes when these decisions were taken to seek funding from financial institutions, the interest moved from Royal Bank of Scotland to Anglo Irish Bank and I believe Bank of Ireland also. Is...

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Gerald Nash: That bank also happened to have a very senior official on the board.

Public Accounts Committee: Special Report No. 77 of the Comptroller and Auditor General - Dublin Docklands Development Authority: Discussion (Resumed) (12 Dec 2013)

Gerald Nash: It has been stated on several occasions at this committee that there was a view, expressed I think by Mr. Bradshaw, Ms Moylan, if my memory is correct, and others, that there was no conflict of interest. It may be the case that the letter of the law in terms of the code of conduct for directors had been complied with, but I do not share the view that the spirit of the code of conduct had...

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

Gerald Nash: Is Mr. Nugent paid for that role?

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

Gerald Nash: Can Mr. Nugent clarify the exact role of Ms Hurley in the organisation? Without wishing to personalise this, can he give me some sense of what her salary was and whether she was in receipt of a top-up payment or whether she was exclusively receiving the salary as described by the HSE?

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

Gerald Nash: So Mr. Nugent is telling me that very few lessons, if any, have been learned. He has appointed somebody who, from a previous role, is in receipt of a top-up salary, and let us call that what it is. Now that individual will be responsible for the day-to-day operations on a global scale of the CRC, and yet she is still in receipt of her top-up payments, so nothing has been learned. This is a...

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

Gerald Nash: That is exactly what it is.

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

Gerald Nash: Ms Hurley's salary, according to the HSE scale, would be €79,000. However, as manager of client services, as described here, she would receive an additional €32,357 from CRC funded payments. Is that correct?

Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)

Gerald Nash: Could it be argued that she is moving to a new role and the commitment was made previously by Mr. Nugent to the HSE that any new role-----

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