Results 561-580 of 32,832 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: Okay, so I am just going to-----
- 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. I want to use my time because the Chair is going to come in on me. I am setting the context for the taxpayer. Ultimately, we are here for the taxpayer. A question has already been asked about the offices of the two solicitor groups that came in on behalf of Cerberus, albeit described as "strategic advisers" rather than as "legal advisers". I do not like repetition. Did bells...
- 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: No, I am not worried-----
- 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 it not occur to him that there might 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: Did such an assurance not worry Mr. Daly?
- 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 it occur to NAMA at any stage that Cerberus and PIMCO could have been working strategically together? I am not saying they were.
- 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: No, that is not what I asked. I asked whether it occurred to 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: 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: Was that discussed at a board meeting or elsewhere? Did NAMA look at 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: Where could I see it that NAMA discussed these issues?
- 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: No.
- 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: It was a vital discussion. I have said what I need to say on the matter. I would like to ask Mr. McDonagh about the £100 million in sales. He has repeated the assertion he made in his paper that this was up to 2013, but it was actually up to 2012. The figure of £100 million for the period up to the end of 2012 was mentioned in the briefing documents given to the Minister. I...
- 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 could well be. I am looking at the briefing documents given to the Minister in 2014 and at other documents. The figure for 2013 sales was £100 million.
- 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: When I stop talking and somebody else comes in, I am going to quote from it precisely to show where this figure of £100 million comes from. Mr. McDonagh might come back to me at that point. On this occasion, was the data room controlled by NAMA rather than by Lazard? Did NAMA personally control the data room? Who controlled it?
- 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: Are they physically there manning it?
- 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 NAMA discuss the conflict of interest in relation to Mr. Cushnahan with them? Did it seek legal advice from its legal advisers?
- 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: No, NAMA did not do so. I would also like to ask about Lazard. I forget what answer I received when I raised this initially. Did NAMA tell Lazard why PIMCO had withdrawn?
- 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. I thank the witnesses.