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Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (16 Nov 2016)

Peter Burke: Let me finish, please.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (16 Nov 2016)

Peter Burke: Let me finish. This was a major sale because it involved 56 debtor connections and 900 properties in Northern Ireland. Mr. McGuinness was in the room but he made no contribution. He is giving various excuses along the road. Why did he not say anything? Did he not question the basis for this strategy, which had huge implications for Northern Ireland, at any time? He never made any...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (16 Nov 2016)

Peter Burke: Does Mr. McGuinness disagree with the note?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (16 Nov 2016)

Peter Burke: Does Mr. McGuinness disagree with the minute?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (16 Nov 2016)

Peter Burke: Essentially, what contribution did Mr. McGuinness make? Could he help the committee by setting that out?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (16 Nov 2016)

Peter Burke: To be fair, I do not want to hear Mr. McGuinness's opinion on issues around it. I want to be very factual. Mr. McGuinness is telling me he made a contribution and he questioned the strategy surrounding this, but that was not recorded in the minute that was taken. Is that what he is telling me? He is actually disagreeing with what is in the minute. Is that what he is saying?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (16 Nov 2016)

Peter Burke: We want to detail the facts that are set out.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (16 Nov 2016)

Peter Burke: I think it is very important for this committee to detail the facts, rather than someone's interpretation or opinion surrounding those facts. As a committee, we have to be very factual. Obviously, we are dealing with a sale that had implications in a different jurisdiction, as Mr. McGuinness has outlined. Any objective person who sits down and reads Mr. McGuinness's opening statement will...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (16 Nov 2016)

Peter Burke: In terms of the implications and the very line that implies the Minister had various combinations of meetings.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (16 Nov 2016)

Peter Burke: It is very important to correct that. It was also implied that the Minister acted outside his jurisdiction in terms of executing a sale. Those are two major issues.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (16 Nov 2016)

Peter Burke: It is very important to make those points.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (16 Nov 2016)

Peter Burke: We have issued an invitation-----

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (16 Nov 2016)

Peter Burke: We will assess that.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (16 Nov 2016)

Peter Burke: The deputy First Minister is at pains to point that out but factually, in terms of executing the functions of his office, his having sat dumb in a room listening to a conversation that had such implications regarding a number of properties and their value is extraordinary. I have no further questions.

Written Answers — Department of Health: Services for People with Disabilities (17 Nov 2016)

Peter Burke: 218. To ask the Minister for Health the status of a business proposal brought forward to him by the HSE relating to a centre (details supplied) being designated as a centre for an acquired brain injury unit; and if he will make a statement on the matter. [35630/16]

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)

Peter Burke: I will be brief. The witnesses stated there was not an option to work out the loans together with the supporting for the discount rate. This is where the issue is confused. All the back-up work done in respect of NAMA's formal strategy and the information in Appendix C, which was produced to the board on 12 December 2013, indicate that the work-out period was to 2020 and this is in line...

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)

Peter Burke: Whichever one of the witnesses wishes.

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)

Peter Burke: Clearly the Comptroller and Auditor General has to make a call on the valuation on the evidence presented to him. Based on that evidence, it does not indicate any departure from the strategy or the 5.5% discount rate for this specific project. The only other analysis is a lower analysis at 2.5%. One of the witnesses said they disagreed with the significant probable loss. It is very clear...

Written Answers — Department of Justice and Equality: Direct Provision Data (22 Nov 2016)

Peter Burke: 117. To ask the Minister for Justice and Equality if she will provide information on a direct provision centre (details supplied); and if she will make a statement on the matter. [35744/16]

Written Answers — Department of Social Protection: Social Welfare Appeals Status (22 Nov 2016)

Peter Burke: 291. To ask the Minister for Social Protection if he will expedite a review or appeal for a person (details supplied). [36077/16]

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