Results 4,301-4,320 of 19,173 for speaker:Shane Ross

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Shane Ross: Mr. Daly refers to an orchestrated campaign being run against NAMA. Will he elaborate on that statement? Does it mean it is not just one guy leaving in a sulk and taking a few potshots at the agency?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Shane Ross: While I see Mr. Daly's point and remain neutral on the allegations, I see something of a problem in that those who have grievances against NAMA could well be right. Does Mr. Daly acknowledge that?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Shane Ross: Why should they go to Mr. McDonagh and Mr. Daly if they have grievances against NAMA? They are the last people those with a grievance should go to because NAMA cannot judge its own case.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Shane Ross: Does Mr. Daly believe the statement made in Mr. McDonagh's presentation that there "has been a carefully orchestrated operation targeted at a small number of media outlets and Oireachtas Members and its intended purpose is clear: to damage NAMA and thereby undermine the financial interests of the State"? Does he believe that someone is setting out to damage the financial interests of the State?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Shane Ross: One does not.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Shane Ross: If one damages NAMA's reputation, one may be right.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Shane Ross: That is not correct. We must question that statement. If this is an orchestrated campaign by people trying to point out - Mr. Daly used different language - inadequacies in the way in which NAMA operates, which Mr. Daly will grant is a possibility, and they criticise NAMA in a very public manner, it does not mean they are trying to damage the interests of the State. Mr. Daly is making the...

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Shane Ross: Mr. Daly has a problem, however, if the individuals in question tell the media.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Shane Ross: I am saying that because NAMA is owned by the taxpayer does not mean it is acting in the interests of the taxpayer. In the opinion of many people, a large number of State bodies and agencies are not acting in the interests of the State. Many would say that NAMA is not acting in the interests of the taxpayer. It may be owned by taxpayers but it is not necessarily acting in their interests.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Shane Ross: Mr. Daly is ascribing a motive to the individuals in question, namely, that they are seeking to undermine the financial interests of the State. The NAMA statement notes that its intended purpose is to undermine the financial interests of the State. While the individuals in question may have all sorts of malicious motives, the idea that they are seeking to undermine the interests of the...

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Shane Ross: I am talking about motive, not Mr. Daly's opinion of what is the effect. It is very dangerous for an organisation such as NAMA to identify itself with the State in that manner. This is partly related to the fact that the agency is in a monopoly position that it views itself in that way. Mr. Daly made a good job of demolishing the accuser and he may be right to do so. Having said he did...

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Shane Ross: Mr. Daly has not seen the document.

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Shane Ross: Does NAMA have a whistleblower's charter?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Shane Ross: There is a procedure for them. Is that the case? We should have gone through that in the first place. Is that so?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Shane Ross: I accept that totally. Let us get on with the case. The deputation mentioned Mr. McKillen in the opening statements. There was a high profile court case involving Mr. McKillen in 2011 which NAMA lost in the Supreme Court. Is that correct?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Shane Ross: How much did that case cost NAMA?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Shane Ross: It cost NAMA €1.7 million. Was that money well spent?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Shane Ross: NAMA had to pay the costs. Is that correct?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Shane Ross: According to the press reports referred to by NAMA, Mr. McKillen feels aggrieved. Does NAMA accept that?

Public Accounts Committee: 2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
NAMA - Annual Report and Financial Statements 2012 (20 Dec 2013)

Shane Ross: Mr. McDonagh commented on the matter in his statement. He said that Mr. Farrell apparently provided a so-called full file of personal information relating to Mr. Patrick McKillen, a particular third party. Mr. McDonagh was happy to comment on that.