Results 6,781-6,800 of 20,884 for speaker:Alan Kelly
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Alan Kelly: No, that is incorrect and is factually inaccurate.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Alan Kelly: I am trying to get to the bottom of how NAMA is inferring the departmental officials did not believe there was enough expertise and staff in the Office of the Comptroller and Auditor General to do this type of work. Does the Minister stand over this or is NAMA incorrect in its statement?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Alan Kelly: There are officials here.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Alan Kelly: In regard to what?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Alan Kelly: It is a reference that basically questions the capacity of the Comptroller and Auditor General's office from a financial point of view.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Alan Kelly: But it was referencing the Department.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Alan Kelly: I must move on, unfortunately, but some of my colleagues or I will come back to this point later. I have a number of other questions. That to me opens up a whole other can of worms with regard to issues. I am sure the Minister will agree it is quite unfortunate that this document was leaked four days before it was due to be published. Will the Minister offer any observations as to how...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Alan Kelly: Yes, four days beforehand.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Alan Kelly: It is a pretty scary situation that somehow this information was leaked four days before it was to be published.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Alan Kelly: Fair enough. Can the Minister establish some facts with regard to how he and the Department interacted with NAMA? How often would his Department meet with NAMA and how were those meetings documented?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Alan Kelly: Run of the mill?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Alan Kelly: Yes, but I am asking whether Mr. Reid is satisfied that all documentation to do with this matter was clear. We have already encountered an issue with a lack of detailed documentation. I am trying to establish whether we have a similar issue regarding what we will be discussing in the next few hours.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Alan Kelly: I am not asking about the loan sale process.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Alan Kelly: I know that. I took that the first time it was said, but I am not asking about that. I am asking about whether correspondence, phone calls and everything else that passed between the Department and NAMA were documented.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Alan Kelly: Regarding Project Eagle, it seems obvious from the documentation that was sent to the Minister, Deputy Noonan, from the then Minister of Finance in Northern Ireland, which had been sent on by Brown Rudnick, before our Minster sent it to NAMA that there was a concern about a fire sale of assets in Northern Ireland. Obviously, we would be sensitive to that. Northern Ireland is not just any...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Alan Kelly: Does the Minister accept that the Executive suddenly changed tack? From being worried about a fire sale, it was suddenly the case - perhaps across the political spectrum, but certainly on behalf of a number of politicians, including the Minister of Finance, the First Minister, etc. - that the Executive was a big advocate of the process that eventually materialised. It was a big change.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Alan Kelly: Was the Minister aware that the then First Minister, Mr. Robinson, Mr. Coulter and Mr. Cushnahan met PIMCO in early 2013? If so, when was he made aware? This change stemmed from it.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Alan Kelly: I know.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Alan Kelly: But the Minister would have been privy to the phone calls and letters-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (6 Oct 2016)
Alan Kelly: -----and he would have known that there had been a seismic change.