Results 841-860 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 (Resumed) (13 Oct 2016)
Catherine Connolly: When did Mr. Rowntree learn about the success fee?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
Catherine Connolly: Regarding the sales process, from which PIMCO has withdrawn, was Mr. Rowntree aware of all of that?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
Catherine Connolly: On 13 October.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
Catherine Connolly: Okay. I will put a hypothetical question to Mr. Rowntree in terms of his role as a member of the advisory committee, which he probably cannot really answer. If Mr. Rowntree had become aware of a success fee, how would he have dealt with the issue?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
Catherine Connolly: Would Mr. Rowntree have gone to the police?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
Catherine Connolly: I return to the minutes of the meeting on 7 October. In respect of the time span, the Ulster issue was raised for the first time on 16 December 2011. I have checked the minutes and Mr. Rowntree is correct. There were a number of presentations relating to that in 2012. It was an active discussion up until Project Eagle-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
Catherine Connolly: -----at that presentation Deputy McDonald went through with Mr. Rowntree, which I will not go through again. Up to that point, the Ulster project was very active and the committee was getting updates.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
Catherine Connolly: That is right and that is clear when you put the minutes together-----
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
Catherine Connolly: Mr. Rowntree thought there was one approach but really there was a separate approach that Mr. Rowntree only became aware of when this was presented to him on 7 October.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
Catherine Connolly: What I mean by two approaches is there was something going on in the background in respect of Project Eagle. We know that now.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
Catherine Connolly: Mr. Rowntree did not know that but we know that. We know it goes right back because I have a note here from 14 June 2013. It is just a short note about the meeting the day before between Sammy Wilson, the then Minister for Finance in Northern Ireland, and the Minister for Finance, Deputy Noonan. It noted that Mr. Wilson raised concerns about NAMA's operation in Northern Ireland and its...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
Catherine Connolly: That was in June 2013. Was Mr. Rowntree aware of this?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
Catherine Connolly: I will return to the minutes of the October meeting which are crucial and have been discussed in forensic detail. I note, on page 106, that they refer to matters the committee had discussed in respect of Project Eagle. They state: "The discussion included External Member feedback on the proposed approach to support the Board's consideration of the matter at its meeting on 10th October 2013".
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
Catherine Connolly: Nothing was recorded, however, about what had been said.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
Catherine Connolly: Yes. While the minutes state the discussion was to support the board's consideration, they do not tell us what was said. They tell us lots of other things. The document states the discussion included external member feedback on the proposed approach to support the board's consideration, but it does not tell us what that feedback was.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
Catherine Connolly: Thie meeting of 7 October was Mr. Cushnahan's last.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
Catherine Connolly: He did not appear again after that.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
Catherine Connolly: As has been pointed out, the next meeting was held in December and the meeting after that was held in April. At that stage, the sale of Project Eagle had been completed.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
Catherine Connolly: I have a number of quick questions. It has been said repeatedly by different witnesses from NAMA - this was touched on by Deputy Bobby Aylward - that the Northern debtors were cranky, that they were not working or playing ball and that the market was extremely bad. I have looked at all of the minutes and the Comptroller and Auditor General included a reference to this. The market and rents...
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (13 Oct 2016)
Catherine Connolly: This is noted throughout the minutes. Is that correct?