Results 5,241-5,260 of 14,090 for speaker:Marc MacSharry

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)

Marc MacSharry: I welcome the deputy First Minister and thank him for taking time out of his busy schedule to be here with us and for the courtesy of attending. He mentioned in his opening statement that the Executive would have been aware and supportive of the intention to appoint Northern Ireland advisers in the context of NAMA's undertaking. For the record, can Mr. McGuinness give his knowledge who he...

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)

Marc MacSharry: With the joint decision-making structures in place, did those names cross Mr. McGuinness's desk?

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)

Marc MacSharry: Was Mr. McGuinness oblivious, therefore, to the fact of who might be recommended by the Minister, Sammy Wilson?

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)

Marc MacSharry: Going back to the beginning of NAMA and its operations, Mr. McGuinness would have been aware that it had connections and properties in the North. Was there a view in the Executive that the approach taken by NAMA in the South, as it was developing in carrying out its work under the NAMA Acts, could be detrimental to the economy in Northern Ireland?

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)

Marc MacSharry: Were members of parties such as Sinn Féin and the DUP or other parties contacted by constituents in the North, people who were developers or who had connections in the North?. Was there a view emanating from the ground up to the Executive that the orderly extraction of the interests or the involvement of Northern Ireland connections, as NAMA described them, from the process in the South...

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)

Marc MacSharry: On the Sinn Féin side of the Executive, were there representations through Mr. McGuinness’s constituency office or those of other members in the North asking him, as deputy First Minister, to get them out of the NAMA situation because there were disposals going on in the South and they were afraid of a fire sale and that they might not be adequately treated and that could have an...

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)

Marc MacSharry: So, in terms of the Executive, notwithstanding the exclusion of members from various meetings, telephone calls and processes, was there an underlying sense that something had to be done for the Northern-based connections of NAMA to try and in some way manage that process to get the best outcome for the economy of the North?

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)

Marc MacSharry: Was there any discussion or commentary at the joint ministerial council to the effect that the Executive was looking at the way disposals were being handled in the South and that it did not want that to happen in the North? Was there any comparison made in terms of saying that the Executive wanted things to go a particular way in the North and that if what was happening in the South were to...

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)

Marc MacSharry: Given what has transpired, from the perspective of the Office of the deputy First Minister - notwithstanding the outcome or without prejudice to the various investigations that are taking place - does Mr. McGuinness feel that the outcome, in terms of the purchase by Cerberus and how they have worked out with those connections and, ultimately, the anecdotal evidence, on which I stand to be...

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)

Marc MacSharry: I know Mr. McGuinness does, as do I, and that is why we are all here. However, I am asking him, notwithstanding the dual nature of the Sinn Féin Party in terms of operating either side of the Border, if he can compartmentalise his answer and say that the sale of Project Eagle and the ultimate outcome - notwithstanding processes and investigations - in terms of the economy of the North,...

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)

Marc MacSharry: Finally, could Mr. McGuinness answer "Yes" or "No" as to whether the outcome has been good for the economy in the North?

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)

Marc MacSharry: Is Mr. McGuinness aware of the anecdotal evidence I suggested to the effect that all of the original connections or borrowers have now done deals with Cerberus and are gone on their merry way, so to speak?

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)

Marc MacSharry: I am under a bit of time pressure so I want to get to the memorandum of understanding, with which my colleague has dealt. I do not want to focus too much on the aspect with which he dealt. Now that Mr. McGuinness is aware of what is in the memorandum of understanding, does he have concerns that a Government in the North was advocating terms and conditions that may have been against European...

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)

Marc MacSharry: Initially, when Ms O'Hagan got the memorandum of understanding, would she not have thought it was potentially explosive in that, arguably, one half of the Government in the North was seeking to pervert the course of European law? Would she not have brought that to Mr. McGuinness's attention?

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)

Marc MacSharry: In Mr McGuinness's own investigations, in listening and briefing himself - and he said he is as aware as anyone around this table of events to do with all these issues now - would he have any reason to believe that the Minister, Deputy Noonan, would have been aware or made aware of the memorandum of understanding?

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)

Marc MacSharry: In advance of the sale?

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)

Marc MacSharry: Was the memorandum of understanding sent to NAMA in advance of the sale?

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)

Marc MacSharry: This is an important point. The memorandum of understanding states these things that we can all read out and it possibly should be made available on the website, in particular the part to which I referred, with which I would have a personal concern and which would be contrary to European law on tenders. There are other issues with it. To the best of Mr. McGuinness's knowledge, would 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)

Marc MacSharry: 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) (16 Nov 2016)

Marc MacSharry: I appreciate that Mr. McGuinness is saying that he did not approve it, and we will take that as said for now, but is his view and his information that this document was in the hands of NAMA within three days of the conference call between him, the Minister, Deputy Noonan, and the then First Minister, Mr. Robinson. Is that the case?