Results 481-500 of 32,765 for speaker:Catherine Connolly

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Catherine Connolly: We have an opening statement.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Catherine Connolly: We have an opening statement and we stuck to a format. Now we are going off that.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Catherine Connolly: On a point of order. I ask Mr. Daly to stick to what he has given us for the moment because all of these speakers will speak and we have a limited time to come back. We also have to address what he said in his opening statement. If he has withdrawn it, that is fine. We should have the opening statement; that was the procedure to be-----

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Catherine Connolly: I am not sure if the break has helped my concentration, but I hope that it has helped that of the witnesses. I thank them for attending and giving us an opportunity to question them. Mr. Daly stated that he had watched this upstairs. I appreciate that he got a room. He stated that, for the most part, this had been fair with some exceptions. What did he mean by that?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Catherine Connolly: Mr. Daly said that the process, as he watched it, had been fair - indeed, he praised the Comptroller and Auditor General for his fairness - but with some exceptions. What did he mean by that?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Catherine Connolly: Mr. Daly thought that was evident from this morning while he was watching.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Catherine Connolly: I did not feel that. I read what the witnesses have put before us today and their previous statements and none of them was shy about going to the press - theSunday Business Post and theIrish Independent - and outlining their reactions. Would it not have been better to wait until today to give their reactions?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Catherine Connolly: Mr. Daly felt that he was on the back foot and took the opportunity many times, as did Mr. McDonagh, to set the record straight from their point of view.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Catherine Connolly: Okay.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Catherine Connolly: I understand.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Catherine Connolly: Did any member of this committee approach NAMA?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Catherine Connolly: Yes.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Catherine Connolly: That is that cleared up. I will ask a number of questions, as my time is limited. I suggest to Mr. Daly that NAMA went to the newspapers to shape the narrative because it did not like the findings. I have an open mind and have read all of the documents, and I now put it to Mr. Daly that NAMA was shaping the narrative in the newspapers concerning the facts - they are not conclusions - as...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Catherine Connolly: Just one second.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Catherine Connolly: I am suggesting that it was not. In any event, we are coming back to the report, which refers to much more than just the price. It seems-----

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Catherine Connolly: Please, Mr. Daly. It seems to me that NAMA wanted to shape the debate on the price alone so that we would be fighting over figures and who said what as opposed to the substantial statement of facts in the Comptroller and Auditor General's report. Today was the first time that NAMA addressed a conflict of interest in its reports. I have the documents before me. Prior to this, NAMA simply...

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Catherine Connolly: That is correct. Of the three bidders, one came forward. Who was that bidder?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Catherine Connolly: Then Lazard invited three more bidders. Is that not correct?

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Catherine Connolly: Two came forward that time.

Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (29 Sep 2016)

Catherine Connolly: Mr. McDonagh has this at his fingertips.